Choice Hotels offered stockholders $90 for each Wyndham share owned, with an option to choose cash, stock, or a combination of cash and stock.  ( 1 min )

U.S. equities were mixed at midday on Tuesday, Oct. 17, 2023 following a report showing retail sales jumped well above expectations in September, raising concerns of more Fed interest rate hikes ahead to fight inflation.  ( 1 min )

Global smartphone sales fell to their lowest third-quarter level in a decade, owing to a sluggish recovery in consumer spending, according to Counterpoint Research.  ( 1 min )

Stock futures were slightly lower in premarket trading Tuesday, giving up some of yesterday's gains as Treasury yields crept back up to 16-year highs.  ( 1 min )

Bank of America shares rose after reporting better-than-expected earnings on higher interest income and Johnson & Johnson delivered an earnings beat on medical device and pharmaceutical sales. Here’s what investors need to know today.  ( 1 min )

Liquidity preference theory concerns how stakeholders value cash relative to receiving interest over varying lengths of time.  ( 28 min )

Choice Hotels offered stockholders $90 for each Wyndham share owned, with an option to choose cash, stock, or a combination of cash and stock.  ( 17 min )

From the Japanese bubble to overseas manufacturing, violent swings in exchange rates and the value of the yen have affected the Japanese economy.  ( 26 min )

When self-employed, you must pay the full 12.4% tax rate, rather than the 6.2% when employed by someone else. But there are deductions to help lighten the tax burden.  ( 29 min )

Investors Often Confuse Blockchain and Bitcoin. This Confusion Carries Over into ETFs. How Do Blockchain ETFs and Bitcoin ETFs Differ?  ( 26 min )

A cash book is a financial journal that contains all cash receipts and disbursements, including bank deposits and withdrawals.  ( 27 min )

The Builder Confidence Index fell for the third consecutive month to 40 from 44 in September, as higher rates are keeping buyers on the sidelines.  ( 17 min )

Tesla will recall 54,676 Model X vehicles made between 2021 and 2023, for reported failures to display a warning light for low brake-fluid levels.  ( 17 min )

Rates on 30-year mortgages have been bobbing around above 8%, rising now to their highest point in ten days. Averages were up for most other loan types as well.  ( 18 min )

U.S. equities were mixed at midday on Tuesday, Oct. 17, 2023 following a report showing retail sales jumped well above expectations in September, raising concerns of more Fed interest rate hikes ahead to fight inflation.  ( 16 min )

Johnson & Johnson beat profit and sales estimates and boosted its outlook as pharmaceutical and medical device sales gain while demand for COVID-19 vaccines wanes.  ( 16 min )

Both employers and employees each pay half of the Social Security payroll tax, which is a set percentage of your income. The self-employed pay the full rate of 12.4%.  ( 29 min )

Have you ever wondered how the tax system was formed? U.S. taxes have faced many changes since they were introduced in the country.  ( 26 min )

Can anything stop U.S. consumers from spending? Not so far, according to the latest figures on retail sales.  ( 18 min )

Bank of America's earnings and revenue exceeded forecasts, boosted by an increase in interest income because of higher borrowing costs.  ( 17 min )

With Apple leading the pack and other tech firms following, these are the 10 most profitable companies in the world by 12-month trailing net income.  ( 24 min )

These investment vehicles provide exposure to Bitcoin without the added expenses and hassle of owning the cryptocurrency.  ( 24 min )

Tipflation refers to the increase in the amount you're expected to tip, which can be much higher than higher than what has been customary in the past.  ( 24 min )

Goldman Sachs Group's third-quarter profit shrank by about 33% to $2.06 billion, or $5.47 per share, due to impairments in real estate and losses from its consumer banking missteps, despite a boost from higher trading revenues.  ( 17 min )

Global smartphone sales fell to their lowest third-quarter level in a decade, owing to a sluggish recovery in consumer spending, according to Counterpoint Research.  ( 19 min )

Learn why increases in the cost-of-living adjustment for Social Security benefits don't occur each year automatically.  ( 23 min )

The attack on Israel came at a critical time in the Middle East as the country was forming new economic alliances with Saudi Arabia and other nations that would reshape the geopolitical landscape in the region. Professor Simon Mabon of Lancaster University explains how that was playing out, and what might come next as Israeli forces enter Gaza ahead of a cold winter.  ( 20 min )

The U.S. unemployment rate is a key indicator of the nation's overall economic health. It has shifted over time in response to policy changes and historical events.  ( 23 min )

The Self-Employed Contributions Act tax is a U.S. government levy on those who work for themselves, rather than for an outside company.  ( 25 min )

Bank of America shares rose after reporting better-than-expected earnings on higher interest income and Johnson & Johnson delivered an earnings beat on medical device and pharmaceutical sales. Here’s what investors need to know today.  ( 17 min )

An exchange traded commodity (ETC) could be colloquially used to refer to a commodity ETF, but an ETC is actually a product name for a specific type of security.  ( 24 min )

Tesla will recall 54,676 Model X vehicles made between 2021 and 2023, for reported failures to display a warning light for low brake-fluid levels.  ( 1 min )

Johnson & Johnson beat profit and sales estimates and boosted its outlook as pharmaceutical and medical device sales gain while demand for COVID-19 vaccines wanes.  ( 1 min )

Bank of America's earnings and revenue exceeded forecasts, boosted by an increase in interest income because of higher borrowing costs.  ( 1 min )

Johnson & Johnson (JNJ) raised its adjusted earnings outlook for the year after posting higher third-quarter revenue, despite a drop in sales of its Covid-19 vaccine. J&J's shares, down nearly 11% this year, fell more than 1% in afternoon trading. It  ( 23 min )

All eyes are on Goldman Sachs and Bank of America earnings for insight into the impact of high interest rates.  ( 43 min )

The Biden administration is tightening restrictions on the sale of advanced chips to China, sparking fears of retaliation.  ( 17 min )

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The sell-off in shares of McDonald's has crossed into unsavory territory.  ( 34 min )

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The “Shark Tank” star sold her property business for $66 million in 2001.  ( 32 min )

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The IRS recently announced some welcome news for higher-income workers with 401(k)s and similar retirement plans. The agency delayed implementing a new rule that would have required catch-up contributions made by people earning over $145,000 to be directed into an after-tax Roth account. The rule change was originally set to start in 2024, but will […] The post Good News for People Who Make $145K: IRS Delays New Catch-Up Contribution Rule Until 2026 appeared first on SmartReads by SmartAsset.  ( 33 min )

All eyes are on Goldman Sachs and Bank of America earnings for insight into the impact of high interest rates.  ( 42 min )

With Apple leading the pack and other tech firms following, these are the 10 most profitable companies in the world by 12-month trailing net income.  ( 24 min )

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The Biden administration is tightening its restriction on exports of artificial intelligence chips to China.  ( 18 min )

Wall Street’s top strategist said much depends on whether current prices can be maintained in the short term.  ( 34 min )

(Bloomberg) -- Lucid Group Inc.’s output of electric vehicles fell 29% on the quarter, raising questions about its ability to meet a full-year production target of more than 10,000 EVs. Most Read from BloombergIsrael Latest: Blinken Works on Gaza Aid as Biden Set to VisitPutin Arrives in China to Meet Xi on Rare International TripYour Guide to Understanding the Roots of the Israel-Hamas WarBiden Plans High-Stakes Israel Visit to Keep War From EscalatingIsrael Latest: Army Says Hamas Officials De  ( 32 min )

Shares of Nvidia and other semiconductor stocks dropped Tuesday after the U.S. said it would would significantly constrict exports of artificial-intelligence chips, making it harder  ( 23 min )

Shares of VF jumped early Tuesday after the Journal reported that activist investor Engaged Capital has built a big stake in the company, which owns retail brands including The North Face and Vans. The stock was recently up about 9%. It was down 41% this year through Monday's close even after a nea  ( 22 min )

Everyone has different strategies they put to work in the stock market, but the goal for all remains the same: to maximize returns. Of course, that applies to the big investing institutions too. The world’s biggest asset manager, BlackRock, boasting ~$9.43 trillion of total assets under management, uses a systematic investing method—an investment strategy that prioritizes the use of data-driven analysis, rigorous testing of investment concepts, and sophisticated computer modeling methods in its  ( 35 min )

Shares of VinFast are swinging between small gains and losses Tuesday, a day after the once-hot Vietnamese electric-car startup slid 18% and hit new lows. The latest declines came after the company's CEO sa  ( 23 min )

Engaged Capital has built a big stake in VF, owner of retail brands including Vans and The North Face, and plans to push for a slew of changes including steep cost cuts.  ( 27 min )

All eyes are on Goldman Sachs and Bank of America earnings for insight into the impact of high interest rates.  ( 37 min )

Chinese electric vehicle giant BYD on Tuesday said it expects third-quarter net profit to as much as double thanks to robust sales and effective cost control. "Despite the increasingly intensified competition in the automobile industry in the third quarter, the company continued to record profit," BYD said in the filing. This was down to the company "leveraging on its improving brand influence, continuously expanding scale advantage and strong industrial chain-wide cost control capability, demonstrating strong resilience", it said.  ( 31 min )

Thermo Fisher will acquire proteomics company Olink for $26 per American depositary share in cash.  ( 15 min )

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Greta Thunberg has joined climate activists blocking a London hotel where oil executives are holding a meeting.  ( 44 min )

Bank of America reported unrealized losses of $131.6 billion on securities held until maturity in the third quarter, growing from nearly $106 billion in paper losses in the second quarter. The second-biggest U.S. lender had about $603 billion in held-to-maturity securities, it said in a filing on Tuesday, shrinking from $614 billion in the second quarter. Unrealized losses have come under closer scrutiny by investors since March.  ( 32 min )

Choice Hotels International has announced a proposal to acquire Wyndham Hotels & Resorts for $90 a share.  ( 17 min )

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Earnings at the Wall Street giant fell 33%. But there were some signs that dealmaking and trading were beginning to pick up.  ( 33 min )

Tupperware Brands on Tuesday named consumer goods industry veteran Laurie Ann Goldman its new CEO, replacing Miguel Fernandez effective immediately, as the storage container maker looks to turn its struggling business around. Goldman has previously held the top job at beauty products firm Avon North America between 2018 and 2019, and served as the CEO of shapewear maker Spanx from 2002 to 2014. "Now is the right time to bring in new leadership, and Laurie Ann is exceptionally well-suited to advance our long-term strategy and accelerate growth," said Susan Cameron, chair of Tupperware's board.  ( 32 min )

1789 Capital, a firm co-founded by Omeed Malik, invests in a “parallel economy” of conservative-friendly companies.  ( 29 min )

Lockheed's weapons, such as the guided multiple launch rocket system and Javelin anti-tank missiles, made in conjunction with defense company RTX, have proven critical to Ukraine's war efforts. However, Lockheed is still hindered by pandemic-related labor and supply chain disruptions in its aeronautics business which makes the advanced fighter jet F-35. "We are still paced by a few key items," Lockheed's Chief Operating Officer Frank St John told Reuters in an interview, such as "processor assemblies, solid rocket motors, castings and forgings", though they have seen progress in this last quarter.  ( 32 min )

Lockheed Martin still expects to grow sales this year despite the budget morass that has left Pentagon spending stuck at prior-year levels and preve  ( 24 min )

Lockheed shares are up about 10% since war broke out between Israel and Hamas.  ( 21 min )

The Wall Street giant reported net profit of $2.06 billion, or $5.47 per share, for the three months ended Sept. 30, it said on Tuesday. Shares of the bank dipped 0.4% in premarket trading. Goldman's ill-fated foray into consumer banking proved costly, losing $3 billion over three years.  ( 32 min )

The second-largest US bank got a boost from higher interest income and a strong performance from its Wall Street unit.  ( 33 min )

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The second-largest U.S. bank on Tuesday posted net income of $7.27 billion, or 91 cents per share, in the three months ended Sept. 30. BofA's investment banking and trading units managed to outperform Wall Street expectations as they reported higher revenue, bucking an industry-wide slump. Meanwhile, lenders have seen their interest income swell as they had more room to charge customers higher rates on loans after the Federal Reserve raised borrowing costs in its fight against inflation.  ( 32 min )

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Investors are focused on how Johnson & Johnson, now a standalone pharmaceutical and medical devices company, will reach its goal of $57 billion in drug sales by 2025. Excluding its consumer health unit, the company now expects 2023 adjusted profit of $10.07 to $10.13 per share, compared with its previous outlook of $10.00 to $10.10 per share. J&J posted a third-quarter profit of $1.69 per share, compared with $1.62 per share a year earlier.  ( 32 min )

The pharma giant has had to slash projections, but investors welcome its plans to cut costs.  ( 27 min )

(Bloomberg) -- As the buzz surrounding weight-loss drugs gets ever louder, analysts at Goldman Sachs Group Inc. are predicting a potential $100 billion market opportunity, with Eli Lilly & Co. and Novo Nordisk A/S leading the pack.Most Read from BloombergIsrael Latest: Blinken Works on Gaza Aid as Biden Set to VisitYour Guide to Understanding the Roots of the Israel-Hamas WarPutin Arrives in China to Meet Xi on Rare International TripIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in  ( 33 min )

In West Palm Beach’s historic Flamingo Park neighborhood, those who own their homes outright are dropping their insurance, and some who can’t are selling their homes.  ( 23 min )

Ericsson’s decision not to offer any guidance beyond the fourth quarter, citing market uncertainty, is spooking telecom investors.  ( 15 min )

Johnson & Johnson, Bank of America, and Goldman Sachs are scheduled to report third-quarter earnings on Tuesday, Ericsson slumps after withdrawing margin guidance, and NetScout reduces its outlook for fiscal 2024.  ( 20 min )

Apple touted over $10 billion in user deposits into its savings accounts with Goldman, but some bank insiders reportedly see the venture as a mistake.  ( 32 min )

(Bloomberg) -- Ericsson AB shares fell to the lowest in six years after it said market weakness will persist into the fourth quarter and beyond, as the company struggles to counter reduced investment in fifth-generation mobile infrastructure from US and European operators.Most Read from BloombergIsrael Latest: Blinken Works on Gaza Aid as Biden Set to VisitYour Guide to Understanding the Roots of the Israel-Hamas WarPutin Arrives in China to Meet Xi on Rare International TripIsrael Latest: Army  ( 33 min )

Lonza said its core earnings growth for 2023 will be above its previously indicated range, but cautioned its profits next year will take a hit from lost Moderna revenue.  ( 26 min )

An amended proposal released early Tuesday will be filed by the FTX Debtors by mid-December if approved.  ( 31 min )

Wall Street is paying attention to something called "term premia," a demand by bond holders for more yield that can put the brakes on the economy.  ( 24 min )

Taiwan Semiconductor Manufacturing Co Ltd is expected to report a 30% slump in third-quarter profit on Thursday but analysts predict robust growth next year as the chip industry emerges from its current downturn. Revenue for the quarter came in at around $17 billion, according to TSMC figures, down 20% from a year earlier and roughly the middle of the company's forecast range. Global demand for semiconductors began to weaken in the second half of last year, but analysts say inventories at smartphone and computer makers are running down and restocking demand is expected to pick up.  ( 33 min )

Gold prices fell on Tuesday as the U.S. dollar and Treasury yields firmed, ahead of economic data and Federal Reserve Chair Jerome Powell's speech this week, which could steer upcoming interest rate decisions. Spot gold dropped 0.3% to $1,913.90 per ounce by 0326 GMT, and U.S. gold futures fell 0.4% to $1,925.80. U.S. Treasury yields rose to their highest in more than a week, and the dollar also gained, making non-yielding bullion expensive for other currency holders, ahead of U.S. retail sales and industrial production later in the day.  ( 32 min )

Housing inventory will remain tight enough for home prices to keep appreciating for the next three years, MBA says.  ( 32 min )

The Strategic Petroleum Reserve currently sits at 40-year lows at 351 million barrels, according to the Energy Department.  ( 33 min )

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Jeff Bezos, de oprichter en topman van webgigant Amazon, is sinds deze week de op een na rijkste persoon op aarde. De Amerikaan passeerde Bernard Arnault en moet alleen nog Elon Musk voor zich dulden.  ( 9 min )

In een eerste strafzaak over verboden handel met Rusland is dinsdag een celstraf van drie jaar en een geldboete van 350.000 euro geëist door het Openbaar Ministerie. De verdachte ondernemer zou stiekem chips en een drone naar Rusland hebben verhandeld.  ( 10 min )

Vacansoleil verdwijnt na het faillissement in september in Franse handen. Het online reisbureau maeva neemt Vacansoleil over. Maeva is net als Center Parcs eigendom van de Pierre & Vacances-Center Parcs Group.  ( 9 min )

Luchtvaartmaatschappijen die een branchegenoot overnemen, moeten straks aan strengere EU-regels voldoen. Er zijn zorgen over de beperkte concurrentie op sommige routes, zegt Eurocommissaris Didier Reynders in een interview met Financial Times.  ( 9 min )

Apple loopt met zijn marktaandeel op de smartphonemarkt steeds verder in op Samsung, zo blijkt uit cijfers van marktonderzoeker Canalys. Van alle verkochte smartphones is 20 procent een Samsung en 17 procent een iPhone.  ( 8 min )

In de nieuwe telefoons van Google ligt de nadruk op kunstmatige intelligentie. En dat merk je vooral bij het bewerken van foto's op de Pixel 8 Pro. Nieuwe functies maken het kinderlijk eenvoudig om grenzen tussen echt en nep te vervagen.  ( 10 min )

Het pensioenstelsel in Nederland is het beste in de wereld. Daarmee is ons land terug op nummer één, een plek die we vorig jaar moesten afstaan aan IJsland.  ( 9 min )

De internationale trein verleidt voorlopig maar een klein deel van de reizigers die nu nog op Schiphol het vliegtuig pakken, concludeert het Kennisinstituut voor Mobiliteitsbeleid (KiM). Ondanks goedkopere tickets biedt de trein nog te weinig voordelen.  ( 11 min )

LinkedIn heeft opnieuw een ontslagronde aangekondigd. Daarbij verliezen 668 mensen hun baan, oftewel 3 procent van het personeelsbestand van het zakelijke sociale netwerk.  ( 8 min )

Een mondiaal statement over het afbouwen van fossiele brandstoffen. Vooraf werd gedacht dat de EU daar bij de komende klimaattop in Dubai sterk op wilde inzetten. Maar dan moeten de lidstaten eerst elkaar overtuigen. Dat lukte maandag niet goed.  ( 13 min )

Het Rijk is op zoek naar plekken waar na 2030 op grote schaal gebouwd kan worden. Op de lange termijn zijn er meer woningen nodig voor de groeiende bevolking. Demissionair minister Hugo de Jonge (Wonen) kijkt daarvoor naar regio's buiten de Randstad.  ( 9 min )

De koers van de Israëlische munt zakt steeds verder naarmate het conflict met Hamas voortduurt. Voor 1 dollar moet nu ruim 4 sjekel worden neergeteld. Het is voor het eerst in acht jaar dat de koers van de munt zo laag staat.  ( 9 min )

Een mondiaal statement over het afbouwen van fossiele brandstoffen. Vooraf werd gedacht dat de EU daar bij de komende klimaattop in Dubai sterk op wilde inzetten. Maar dan moeten de lidstaten eerst elkaar overtuigen. Dat lukte maandag niet goed.  ( 13 min )

De kosten om windenergie van zee naar land te krijgen, vallen de komende decennia veel hoger uit dan verwacht. Gevreesd wordt dat huishoudens daardoor meer moeten betalen om stroom geleverd te krijgen. Dat meldt demissionair minister Rob Jetten van Klimaat en Energie.  ( 9 min )

We’re in the midst of a major economic transition, one that may eventually match the changes of the Industrial Revolution. The change, of course, is the advent of the green economy, and the switch from fossil fuel energy sources to renewable energy. While wind and solar power are soaking up the headlines, a more plausible long-term green power source is already near at hand: hydrogen. Hydrogen is the most abundant of all the chemical elements, and also the simplest by molecular structure. It is  ( 35 min )

Country Garden's entire offshore debt will be deemed to be in default if China's largest property developer fails to make a $15 million coupon payment on Tuesday, the end of a 30-day grace period.Non-payment of this tranche is set to trigger cross defaults in other bonds as is standard in bond contracts. Lack of payment - which is expected after Country Garden last week warned about its inability to meet offshore debt obligations - would make the firm the latest in scores of Chinese developers who have defaulted. Country Garden has also missed other offshore payments in the past few weeks though those payments still have not seen their 30-day grace periods lapse.  ( 32 min )

American investors have been taken for a trillion-dollar ride by naked short sellers, in what could turn out to be the biggest financial regulatory scandal in North American history  ( 51 min )

How to take over the family finances after a tragedy? How about not like this: I got a call maybe a month or three after my 55-year-old husband died from cancer, leaving our 12-year-old son and me stunned that this big personality had finally, in my husband’s words, “rolled over and called it a life.” I was picking up my elderly parents from the airport when I got an urgent call from the new manny (a male caretaker would be good for the kid, I was advised) saying, “Um, there’s a man here to take  ( 52 min )

(Bloomberg) -- US pharmacy chain Rite Aid Corp. is moving quickly to sell its assets in bankruptcy, over the objection of at least one potential bidder, because the company faces looming financial deadlines, a company lawyer said during the chain’s first day under court supervision.Most Read from BloombergIsrael Latest: Biden to Visit; Strikes on Hezbollah TargetsYour Guide to Understanding the Roots of the Israel-Hamas WarIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee  ( 33 min )

A handful of healthcare REITs have been on the upswing, as recent improvements in occupancy rates and their ability to restructure leases with facility operators have buoyed the share prices of several companies in the subsector. Analysts are taking note of the improvements. Take a look at three healthcare REITs that have received analyst upgrades this week. Sabra Health Care REIT Inc. (NASDAQ:SBRA) is an Irvine, California-based healthcare REIT that has 426 U.S. properties in its investment por  ( 34 min )

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Roughly 64% of CEOs believe there will be a full return to office by 2026, according to a survey of more than 1,300 CEOs from KPMG.  ( 32 min )

A group representing General Motors, Toyota Motor, Volkswagen and nearly all other major automakers, sharply criticized the Biden administration proposal to drastically hike fuel efficiency requirements. The Alliance for Automotive Innovation said the National Highway Traffic Safety Administration Corporate Average Fuel Economy proposal is unreasonable and want significant revisions, arguing the plan will boost average vehicle prices by $3,000 by 2032 because of penalties automakers will face for not being in compliance.  ( 30 min )

The best CD rates available nationwide are 6.50% from Financial Partners Credit Union for 8 months and 6.00% from Credit Human on a take-your-pick term of 12-17 months.  ( 21 min )

(Bloomberg) -- Wells Fargo & Co. and JPMorgan Chase & Co. are leading the biggest Wall Street banks in tapping the US investment-grade market after reporting third-quarter earnings.Most Read from BloombergYour Guide to Understanding the Roots of the Israel-Hamas WarIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthIsrael Latest: Minister Tells Blinken to Brace for ‘Long War’US Pushes to Contain Israel-Hamas War, Warns Iran About EscalationStocks Rise Amid Efforts to S  ( 34 min )

Among the items claimed were two pasta dishes — one with pesto and one with Bolognese — on the same restaurant bill.  ( 32 min )

Snap stock rallied 12% on Monday in response to an upbeat note from CEO Evan Spiegel to the social media company’s staff about the financial outlook for 2024.  ( 16 min )

Bank of America expects slightly higher profits and a 2% gain in net interest income.  ( 18 min )

"We need to come together to bring an end to this acrimonious round of talks," the great grandson of Henry Ford said.  ( 34 min )

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Snap stock rallied 12% on Monday in response to an upbeat note from CEO Evan Spiegel to the social media company’s staff about the financial outlook for 2024.  ( 16 min )

Mortgage rate lock-in effect is making homeowners hold on for longer: “You can’t buy what’s not for sale,” one pro says.  ( 33 min )

Wall Street analysts expect Johnson & Johnson to report earnings of $2.52 per share for the third quarter and sales of $21 billion, according to FactSet.  ( 17 min )

(Bloomberg) -- John Paulson sued his former Puerto Rico business partner, accusing him and several members of his family of siphoning millions of dollars from the hedge fund billionaire to finance a luxury lifestyle.Most Read from BloombergIsrael Latest: Blinken Works on Gaza Aid as Biden Set to VisitYour Guide to Understanding the Roots of the Israel-Hamas WarPutin Arrives in China to Meet Xi on Rare International TripIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee Sout  ( 33 min )

Bank of America expects slightly higher profits and a2% gain in net interest income.  ( 18 min )

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Garry Gensler told the Financial Times that AI could cause a financial crash as soon as the late 2020s or early 2030s.  ( 32 min )

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(Bloomberg) -- The lucrative broker commission system at the heart of the US residential housing market is facing unprecedented antitrust scrutiny from the Justice Department and two private class-action lawsuits that risk weakening the National Association of Realtors, the industry’s powerful lobbying group.Most Read from BloombergIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthIsrael Latest: Minister Warns of Long War as Biden Weighs VisitUS Pushes to Contain Isra  ( 35 min )

Only its "fair share."  ( 33 min )

(Bloomberg) -- Gasoline is so weak in the US that some refiners are losing money making it. Most Read from BloombergIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthUS Pushes to Contain Israel-Hamas War, Warns Iran About EscalationIsrael Latest: Biden Weighs Trip, Shekel Drops Past 4 Per DollarXi’s $1 Trillion ‘Project of the Century’ Gets a Reality CheckStocks Rise Amid Efforts to Stifle Israel Conflict: Markets WrapWhile benchmark futures reflect gasoline margins t  ( 33 min )

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Shares of Charles Schwab rose about 5%, making them the best performers in the S&P 500, after the brokerage giant said bank deposit outflows were slowing. The bank had about $284 billion in deposits at the end of the third quarter, down 7% from the previous quarter. Compared with a year earlier, S  ( 23 min )

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Bill Ford, the great-grandson of company founder Henry Ford, said the strike and escalating contract battle with the union are threatening the industry’s future.  ( 29 min )

A financial analyst who was fired by Citibank after claiming a two-sandwich lunch on expenses has lost a legal battle for wrongful dismissal. A British judge has ruled that the bank was entitled to sack Szabolcs Fekete for gross misconduct because he lied when he claimed to have consumed two sandwiches, two coffees and two pasta dishes during a work trip, when he had really shared them with his partner. When the company queried his expenses for a July 2022 business trip to Amsterdam, Fekete emailed: “I was on the business trip by myself and that I had 2 coffees as they were very small.”  ( 32 min )

Kathy Vegh Hughes is the "head hen" and founder of Cutest Coops, an Ohio-based company that offers functional yet aesthetically pleasing chicken coops. Vegh Hughes is a first-generation American who recounts how her father came from Budapest, Hungary, with a change of clothes and a ping-pong paddle but was able to develop multiple business ventures. He built companies including a ping-pong center, a pool hall and a related products retail store that eventually turned into five locations. She was  ( 33 min )

Not only does O'Leary see a "correction" coming for the office sector, but in New York it may be better "to actually tear these buildings down and rebuild.”  ( 33 min )

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Rates on 30-year mortgages edged lower Friday, ending the week more than a quarter point lower than the week before. Rates for most other loans types were mostly steady.  ( 20 min )

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Henry Ford's great-grandson Bill Ford had a very different message for the union than what members have been hearing from UAW President Shawn Fain.  ( 23 min )

Microsoft-owned LinkedIn laid off more than 500 employees, including engineers, on Monday in its second round of job cuts this year as the social media network grapples with a slowdown in hiring, a person familiar with the matter said. The cuts, which affect 2.5% of the 20,000-strong staff, add to the tens of thousands of job losses this year in the technology sector amid an uncertain economic outlook. (Additional reporting by Yuvraj Malik and Aditya Soni in Bengaluru; Editing by Arun Koyyur)  ( 31 min )

Efforts to stop the Israel-Hamas clash from becoming a full-blown conflict have taken center stage as investors wait for earnings to roll in.  ( 38 min )

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If you keep money in a regular savings account you will generally owe federal income taxes on the interest that is earned. You'll pay taxes at your regular rate the year interest is earned, whether or not you withdraw from … Continue reading → The post How to Avoid Tax on a Savings Account appeared first on SmartAsset Blog.  ( 34 min )

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Moderna is sticking by its forecast range for 2023 Covid-19 vaccine sales, after rival [Pfizer cut the sales outlook for its own shot](https://www.wsj.com/livecoverage/stock-market-today-dow-jones-10-16-2023/card/pfizer-stock-falls-on-guidance-cut-other-covid-19-vaccine-makers-also-drop-SA1rMYsazC5f  ( 25 min )

Nishad Singh is the latest member of Sam Bankman-Fried’s inner circle to take the stand after pleading guilty.  ( 34 min )

Lululemon will replace Activision Blizzard in the S&P.  ( 33 min )

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The automotive industry is shifting, under a combination of impulses, from internal combustion engines to electrically powered vehicles. There has been much commentary on this shift, on its efficacy and practicality, but we’ll focus here on a factor that most people probably don’t think about: lithium. Lithium-ion batteries are the beating heart of electric vehicles (EVs); Elon Musk has said that ‘lithium batteries are the new oil.’ Musk has been right too often for us to ignore him – and on top  ( 36 min )

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Rite Aid filed for Chapter 11 bankruptcy on Sunday in an effort to write down debt amid shrinking sales and a lawsuit related to the opioid crisis.  ( 33 min )

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CVS stock may also be getting a boost from UnitedHealth earnings last Friday.  ( 14 min )

Bitcoin and other cryptocurrencies surged Monday on the rising possibility that the Securities and Exchange Commission soon will approve the first spot Bitcoin ETF.  ( 19 min )

Novo Nordisk agreed to buy hypertension drug ocedurenone from KBP Biosciences for up to $1.3 billion.  ( 18 min )

Efforts to stop the Israel-Hamas clash from becoming a full-blown conflict have taken center stage as investors wait for earnings to roll in.  ( 35 min )

Pfizer will take a big charge for its unused Covid-19 treatments. The U.S. will return treatments of the company’s Paxlovid drug as coronavirus vaccination rates fall.  ( 19 min )

Rite Aid filed for bankruptcy, said it will close more of its stores, and named Jeffrey Stein its new CEO as part of a restructuring.  ( 18 min )

Four years ago, legendary Wall Street investor Carl Icahn made a huge bet against the future of the U.S. shopping mall in what was called the Big Short 2.0. His wager pitted him against hu  ( 24 min )

Existing-home sales data for September, set for release this week, is expected to show that sales slumped to the lowest level in more than a decade as mortgage rates rose.  ( 22 min )

Shares of Pfizer are in retreat on the first day of trading after the drug company said sales of its COVID-19 vaccine and its coronavirus treatment are in less than expected and cut revenue expectations for the year by $9 billion. Falling sales of both clipped sales in the second quarter, but Pfizer said in August that it expected a rebound in the second half of 2023. Shares of Pfizer slid nearly 3% before the opening bell Monday and Moderna, which makes a competing vaccine, slid as well.  ( 33 min )

(Bloomberg) -- Charles Schwab Corp. reported Monday that its net interest revenue sank 24% to $2.2 billion from the year prior as clients moved cash into higher-yielding products.Most Read from BloombergIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthUS Pushes to Contain Israel-Hamas War, Warns Iran About EscalationUS to Tighten Curbs on China’s Access to Advanced Chip TechRite Aid Files for Bankruptcy as Debt Load, Opioid Risk RiseIsrael Latest: Biden, Scholz Make  ( 33 min )

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The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 16, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.  ( 33 min )

Caroline Ellison testified about bribery, FTT, Thai prostitutes, and her surprisingly small equity package.  ( 34 min )

Tom Cowhey, senior vice president of corporate finance, has stepped in as interim finance chief.  ( 26 min )

The White House is looking to further tighten restrictions on China’s access to artificial intelligence chips and drugstore chain Rite Aid files for Chapter 11 bankruptcy. Here’s what investors need to know today.  ( 19 min )

Ineos Chair Jim Ratcliffe would pay over $1.5 billion for the stake in Manchester United if his bid for the soccer club is accepted by the Glazer family that controls it, Reuters reported on Sunday, citing a person familiar with the matter. Ratcliffe's bid puts the club valuation close to $6.5 billion, excluding net debt of more than $600 million, the report said, topping a rival offer from Qatar's Jassim for 100% of the Premier League club.  ( 32 min )

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Stocks of Pfizer and rival Covid-19 vaccine makers fell in premarket trading after the drugmaker sliced its sales guidance. Pfizer said late Friday it was cutting its 2023 revenue guidance range by $9 bill  ( 23 min )

General Motors and Ford have laid out ambitious plans to spend billions developing new electric vehicles while returning capital to investors, all funded by robust profits from combustion trucks and SUVs. The mounting costs of the United Auto Workers strikes, and the eventual rich contract settlements, are putting those plans at risk, analysts said. GM will report third-quarter results Oct. 24, with Ford following on Oct. 26.  ( 33 min )

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With retirement nearly within your grasp, a few years more of working may seem daunting. But before you make any final decisions, you must make sure you can retire securely. Here, we have a profile with about $1.75 million in savings on top of Social Security. Can you retire now? It depends on factors specific […] The post I’m 62 Years Old, Have $1 Million in Cash, $750k in an IRA and Social Security. Should I Retire Now? appeared first on SmartReads by SmartAsset.  ( 33 min )

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Todd Combs, investment officer at Buffett’s Berkshire Hathaway, also shared advice for those starting out in their careers.  ( 34 min )

The bloody attack on Israel and inevitable retaliation have turned defense stocks into a gauge of the geopolitical risks perceived by financial markets. For now, it is flashing amber rather than red.  ( 28 min )

It's good practice as an investor to listen to really smart people.  ( 34 min )

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Nvidia stock was falling early Monday following a report the chip maker could face further restrictions on exports of its artificial-intelligence chips to China.  ( 16 min )

Over two dozen stocks in the consumer sectors of the S&P 500 set new 52-week lows in October.  ( 28 min )

Drugstore chain Rite Aid filed for bankruptcy late Sunday, said it will close more of its stores and named a new CEO as part of a restructuring.  ( 17 min )

A spot Bitcoin ETF will allow BTC be easily tradeable without the headaches and pitfalls of self-custody. Its arrival — likely just around the corner — will mark the moment crypto goes mainstream.  ( 33 min )

(Bloomberg) -- Shell Plc shares hit a record high as rising energy prices and the new CEO’s stronger focus on the core oil and gas business attracted investors.Most Read from BloombergIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthUS Pushes to Contain Israel-Hamas War, Warns Iran About EscalationUS to Tighten Curbs on China’s Access to Advanced Chip TechIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsGlobal Markets Stable as US Pushes to Contain Middle Ea  ( 32 min )

Pfizer slashes revenue expectations, a report says an activist has built a stake in News Corp, and Rite Aid files for bankruptcy.  ( 19 min )

Germany's BioNTech on Monday said it would likely take write-downs of up to 900 million euros ($947 million) in the third quarter after its partner Pfizer reported similar charges on their COVID-19 vaccine business last week. Pfizer on Friday said it will take $900 million of inventory write-offs and other charges for the jointly developed vaccine, branded as Comirnaty, on top of much larger write-offs on Pfizer's own COVID treatment Paxlovid. BioNTech will likely "recognize the effect of Pfizer's inventory write-offs and other charges related to Comirnaty in the third quarter of 2023 up to 0.9 billion euros, which represents BioNTech's half of the gross profit-sharing agreement with Pfizer", it said in a statement.  ( 32 min )

Record debts, high interest rates, the costs of climate change, health and pension spending as populations age and fractious politics are stoking fears of a financial market crisis in big developed economies. A surge in government borrowing costs has put high debt in the spotlight, with investors demanding increased compensation to hold long-term bonds and policymakers urging caution on public finances. Over 80% of the $10 trillion rise in global debt in the first half to a record $307 trillion came from developed economies, the Institute of International Finance says.  ( 34 min )

Traders could be betting on a development that buoys hopes for a spot bitcoin ETF in the US.  ( 32 min )

World shares fell and oil prices were mixed as investors braced Monday for an expected invasion by Israel in the Gaza Strip. Israeli forces, supported by a growing deployment of U.S. warships in the region and the call-up of some 360,000 reservists, have positioned themselves along Gaza’s border and drilled for what Israel said would be a broad campaign to dismantle the militant group Hamas. “The world now holds its breath as Israel prepares for a full-scale ground invasion of Gaza, with only unseasonal torrential rain delaying the seemingly inevitable.”  ( 34 min )

Shares fell in Asia as investors braced Monday for an expected invasion by Israel in the Gaza Strip. U.S. futures edged higher while oil prices were little changed. Israeli forces, supported by a growing deployment of U.S. warships in the region and the call-up of some 360,000 reservists, have positioned themselves along Gaza’s border and drilled for what Israel said would be a broad campaign to dismantle the militant group.  ( 34 min )

Jean-Pierre Mustier, the former CEO of Italian bank UniCredit, is taking the helm of Atos' board, the company said. He will be tasked to revive investors' trust and secure the contemplated deal with Kretinsky after a governance crisis and a series of setbacks pummeled Atos' shares, now trading at near record lows. The contemplated sale of Atos' loss-making legacy IT operations to Kretinsky is contested by several minority shareholders and some French politicians.  ( 32 min )

Four years ago, Texas oilman Scott Sheffield saw the oil majors were moving aggressively into the top U.S. shale basin and plotted to make his then-$24 billion Pioneer Natural Resources the oilfield's biggest prize. The CEO concentrated the business, exiting less productive properties and dumping an in-house service arm, and set out a mission to make Pioneer the leanest, profitable and most desirable catch among U.S. shale independents. Sheffield emerged as a shale statesman, encouraging the U.S. to lift a 40-year ban on exports of U.S. crude oil and snatching up rivals while publicly warning of a coming consolidation.  ( 34 min )

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(Bloomberg) -- Birkenstock Holding Plc, the 249-year-old footwear brand, stumbled onto Wall Street last week in a debut that could quash the fledgling rebound of initial public offerings.Most Read from BloombergIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthUS Pushes to Contain Israel-Hamas War, Warns Iran About EscalationIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsGlobal Markets Stable as US Pushes to Contain Middle East WarYour Guide to Understandin  ( 34 min )

Major U.S. pharmacy chain Rite Aid said Sunday that it has filed for bankruptcy and obtained $3.45 billion in fresh financing as it carries out a restructuring plan while coping with falling sales and opioid-related lawsuits. In 2022, Rite Aid settled for up to $30 million to resolve lawsuits alleging pharmacies contributed to an oversupply of prescription opioids. It said it had reached an agreement with its creditors on a financial restructuring plan to cut its debt and position itself for future growth and that the bankruptcy filing was part of that process.  ( 32 min )

(Bloomberg) -- Rite Aid Corp., one of the biggest pharmacy chains in the US, filed for bankruptcy as it looks to restructure debts including opioid liabilities. Most Read from BloombergIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthUS Pushes to Contain Israel-Hamas War, Warns Iran About EscalationIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsGlobal Markets Stable as US Pushes to Contain Middle East WarYour Guide to Understanding the Roots of the Israel-  ( 32 min )

A nervous watch has gripped markets as Israel prepares to roll troops into Gaza and worries mount that the conflict with Hamas will spill across borders. U.S. Secretary of State Antony Blinken was on the ground in the Middle East and President Joe Biden on the phone to help soothe tensions. The recent spike in oil prices shows just how interconnected global markets can be, fuelling inflation worries ahead of meetings over the next few weeks of the world's biggest central banks.  ( 32 min )

Szabolcs Fekete had blamed ‘very small’ coffees and denied that meals had been eaten with his partner  ( 5 min )

(Bloomberg) -- China is tightening curbs on short-selling activities as authorities step up efforts to shore up a struggling stock market.Most Read from BloombergIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthUS Pushes to Contain Israel-Hamas War, Warns Iran About EscalationIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsGlobal Markets Stable as US Pushes to Contain Middle East WarYour Guide to Understanding the Roots of the Israel-Hamas WarThe Securities  ( 33 min )

(Bloomberg) -- US equity futures gained while Treasuries and the dollar slipped, in a sign that traders are weighing the efforts by the US and its allies to prevent further escalation of the Israel-Hamas conflict.Most Read from BloombergIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthUS Pushes to Contain Israel-Hamas War, Warns Iran About EscalationIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsGlobal Markets Stable as US Pushes to Contain Middle East War  ( 35 min )

$22mn case exposes the risks in opaque world of Zürich’s independent wealth advisers  ( 24 min )

Rite Aid listed estimated assets and liabilities in the range of $1 billion to $10 billion in a court filing with the U.S. Bankruptcy Court for the District of New Jersey. Philadelphia, Pennsylvania-based Rite Aid operates more than 2,000 retail stores across 17 states in the U.S., although it is much smaller than its rivals such as Walgreens Boots Alliance and CVS Health. The U.S. Department of Justice in March sued Rite Aid, accusing the pharmacy chain of missing "red flags" as it illegally filled hundreds of thousands of prescriptions for controlled substances, including opioids.  ( 32 min )

The drugstore chain faces thousands of lawsuits over opioid crisis and struggled for years with failed mergers.  ( 28 min )

U.S. company cites difficulty of completing deal for Liontown Resources after Gina Rinehart bought large stake  ( 28 min )

Hui Ka Yan, once one of the world’s richest men, led China Evergrande through its rise and fall. His failures in the aftermath made the property developer’s collapse a bigger problem for the country’s slumping housing market.  ( 28 min )

Seniors choosing Medicare plans can fall into traps leaving them with higher costs or fewer doctors than they expected. ‘I was so stupid.’  ( 24 min )

Crude oil hovered above $90 a barrel while equities were weak and the safe-haven dollar was firm on Monday as investors nervously watched for whether escalating violence in Gaza would cause the conflict to spread beyond Israel and Hamas. Israel's shekel sank to a nearly eight-year low, after the country's prime minister, Benjamin Netanyahu, vowed to "demolish Hamas" in retaliation for the rampage on Oct. 7 that killed 1,300 people in the worst attack on civilians in Israel's history. U.S. Secretary of State Antony Blinken is visiting the region, seeking to prevent further escalation.  ( 32 min )

(Bloomberg) -- Albemarle Corp., the world’s largest lithium producer, has walked away from its A$6.6 billion ($4.2 billion) takeover of Australian miner Liontown Resources Ltd.Most Read from BloombergIsrael Latest: Army Says Over 600,000 Gazans Have Fled SouthUS Pushes Bid to Avert Wider Israel War After Iran WarningIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsYour Guide to Understanding the Roots of the Israel-Hamas WarGlobal Markets Stable as US Pushes to Contain Middle East WarTh  ( 32 min )

Bank of America and Chase are among the banks that don’t currently offer personal loans. Learn how personal loans work and which financial institutions offer them.  ( 22 min )

The best CD rates available nationwide are 6.50% from Financial Partners Credit Union for 8 months and 6.00% from Credit Human on a take-your-pick term of 12-17 months.  ( 19 min )

Personal loan rates edged up to 21.01% this week, adding 10 basis points since last week when the average personal loan rate stood at 20.91%.  ( 18 min )

The S&P 500 rose 1.1% on Monday, Oct. 16, 2023, posting solid gains as the markets kick off a week of noteworthy earnings reports.  ( 17 min )

Raymond James Financial shares gained as the firm agreed to use tax-management technology provided by JPMorgan Chase.  ( 17 min )

Moderna shares fell to an almost three-year low after the biotech firm reiterated its full-year guidance but warned it couldn't yet predict COVID-19 vaccine demand.  ( 17 min )

Three white soldiers is a bullish candlestick pattern that is used to predict the reversal of a downtrend.  ( 25 min )

Part of retirement planning is figuring out if your retirement income will last. Find out if your retirement savings will provide the standard of living you want.  ( 29 min )

Bitcoin's price spiked temporarily Monday after an incorrect report that Blackrock's bitcoin spot exchange-traded fund (ETF) had been approved.  ( 17 min )

What to know about how the versatile and ubiquitous investment vehicles known as exchange-traded funds, or ETFs, are created.  ( 25 min )

The Federal Reserve shouldn’t raise its influential fed funds rate above the 22-year high where it’s been since July, Patrick Harker, president of the Federal Reserve Bank of Philadelphia, said Monday.  ( 18 min )

A hardship default is a failure to make a scheduled payment on a debt due to a financial setback.  ( 24 min )

Dropshipping can be a lucrative business model with minimal startup costs. Here's what you need to know to start a dropshipping business.  ( 24 min )

These companies had the most complaints about student loans reported to the Consumer Finance Protection Bureau.  ( 25 min )

Starting an online business can be a powerful way to launch a new product or service while reaching a wider audience. With market research, a solid business plan, a strong website, and a digital marketing strategy, you can get started in growing your company effectively.  ( 23 min )

Regulators reportedly want to expand the list of AI semiconductor chips that fall under export control rules, a move which could target chips Nvidia designed just to meet the export guidelines.  ( 18 min )

Tax-loss harvesting is selling securities at a loss to offset the amount of capital gains tax owed on other investments.  ( 23 min )

Lululemon and Hubbell will join the S&P 500 on Wednesday, which could can benefit the companies by boosting name recognition and accessibility of the stock.  ( 17 min )

U.S. equities gained at midday on Monday, Oct. 16, 2023, to start a busy week with key corporate earnings reports.  ( 16 min )

Exchange-traded funds (ETFs) are ideal instruments for beginning traders and investors. Learn the seven best strategies for trading ETFs.  ( 24 min )

Find out how the underground or shadow economy can affect the accuracy of the calculation of a country's gross domestic product (GDP).  ( 21 min )

"Agency MBS Purchase" typically refers to the U.S. Federal Reserve's policy of purchasing certain government-backed securities.  ( 22 min )

Charles Schwab reported profit that beat estimates, and said it plans to cut $1 billion in incremental annual expenses.  ( 17 min )

Activist investor Starboard Value reportedly added to its stake in News Corp, and is targeting changes to Rupert Murdoch's media company.  ( 17 min )

Rates on 30-year mortgages edged lower Friday, ending the week more than a quarter point lower than the week before. Rates for most other loans types were mostly steady.  ( 19 min )

Trading psychology refers to the emotions and mental states that help to dictate success or failure in trading securities.  ( 28 min )

The Social Security cap increase for 2022 was 2.9% and it's 8.98% for 2023, but this won't be enough to keep Social Security from running out of funds by 2035.  ( 24 min )

Drugstore company Rite Aid filed for bankruptcy, facing slowing sales and opioid litigation. The company will also close underperforming stores according to a turnaround plan agreed upon by its key creditors.  ( 17 min )

After getting engaged, I knew we needed to open a high-yield savings account to save money for the wedding. We chose Wealthfront's cash account which pays 4.80% APY.  ( 19 min )

Medicare provides health coverage for older adults, while Medicaid covers healthcare costs for people with low incomes. Learn more about Medicare vs. Medicaid.  ( 27 min )

Novo Nordisk agreed to buy hypertension drug ocedurenone from KBP Biosciences for up to $1.3 billion.  ( 17 min )

Covered earnings refer to the amount of an employee's pay that is eligible for use in the calculation of retirement benefits.  ( 22 min )

An independent contractor is a person or entity engaged in a work performance agreement with another entity as a non-employee.  ( 28 min )

The White House is looking to further tighten restrictions on China’s access to artificial intelligence chips and drugstore chain Rite Aid files for Chapter 11 bankruptcy. Here’s what investors need to know today.  ( 19 min )

Target-date funds and lifecycle funds are two different names for the same fund. In this article, we’ll explain why they are a popular 401(k) option.  ( 22 min )

Expense ratios can be higher for 401(k) accounts in comparison to standard, self-directed brokerage accounts. In this article, we'll explain why.  ( 23 min )

An ABLE account is a savings account for people with disabilities. ABLE programs are established by states, and there are differences between them.  ( 26 min )

It’s possible to buy ETFs for your Roth IRA. Choosing the right ones can be an inexpensive way to build a diversified retirement portfolio.  ( 23 min )

Learn how exchange-traded funds (ETFs) distribute their dividends and the difference between qualified and non-qualified dividends.  ( 25 min )

Eligible expenses for ABLE accounts are referred to as qualified disability expenses (QDEs) and cover a broad range of items and services.  ( 26 min )

New and advanced versions of ETFs have been developed over the years, one being the synthetic ETF, which is different than a typical ETF due to its underlying holdings.  ( 21 min )

A pay czar clause is a statement in a financial institutions' executive contracts that subjects its compensation terms to U.S. government approval.  ( 24 min )

Tracking errors tend to be small, but they can still adversely affect your returns. Learn how to protect against them.  ( 22 min )

Mutual funds and ETFs are both created from the concept of pooled fund investing which bundles securities together to offer investors the benefit of a diversified portfolio. Learn about some of the differences that make them attractive to investors.  ( 24 min )

Comparative advantage is becoming increasingly relevant due to globalization, and this has affected both advanced and developing economies.  ( 22 min )

The current account records a country's imports and exports of goods and services, foreign investors' payments, and transfers, such as foreign aid. Learn why it matters.  ( 25 min )

Of the hundreds of exchange-traded funds on the market, some thrive and some fail. Learn how to pick from the best of the bunch.  ( 25 min )

Understanding the differences between bond funds and bond ETFs can help investors choose the instrument that is best for building a diversified bond portfolio.  ( 23 min )

Raymond James Financial shares gained as the firm agreed to use tax-management technology provided by JPMorgan Chase.  ( 1 min )

Moderna shares fell to an almost three-year low after the biotech firm reiterated its full-year guidance but warned it couldn't yet predict COVID-19 vaccine demand.  ( 1 min )

Regulators reportedly want to expand the list of AI semiconductor chips that fall under export control rules, a move which could target chips Nvidia designed just to meet the export guidelines.  ( 1 min )

Lululemon and Hubbell will join the S&P 500 on Wednesday, which could can benefit the companies by boosting name recognition and accessibility of the stock.  ( 1 min )

Charles Schwab reported profit that beat estimates, and said it plans to cut $1 billion in incremental annual expenses.  ( 1 min )

Drugstore company Rite Aid filed for bankruptcy, facing slowing sales and opioid litigation. The company will also close underperforming stores according to a turnaround plan agreed upon by its key creditors.  ( 1 min )

Novo Nordisk agreed to buy hypertension drug ocedurenone from KBP Biosciences for up to $1.3 billion.  ( 1 min )

The S&P 500 rose 1.1% on Monday, Oct. 16, 2023, posting solid gains as the markets kick off a week of noteworthy earnings reports.  ( 1 min )

U.S. equities gained at midday on Monday, Oct. 16, 2023, to start a busy week with key corporate earnings reports.  ( 1 min )

Activist investor Starboard Value reportedly added to its stake in News Corp, and is targeting changes to Rupert Murdoch's media company.  ( 1 min )

U.S. stock futures and bond yields were up in premarket trading Monday as the rush to safe havens let up slightly while investors awaited developments in the Middle East.  ( 1 min )

The White House is looking to further tighten restrictions on China’s access to artificial intelligence chips and drugstore chain Rite Aid files for Chapter 11 bankruptcy. Here’s what investors need to know today.  ( 1 min )

De Nederlandse Voedsel- en Warenautoriteit (NVWA) heeft 46 veehouderijen uit voorzorg tijdelijk stilgelegd. De veehouderijen mogen voorlopig geen dieren, mest en melk afvoeren, omdat er op de boerderijen een bestrijdingsmiddel tegen muizen is gebruikt.  ( 8 min )

De EU-landen komen nog niet tot een akkoord over de benodigde nieuwe begrotingsregels, denkt demissionair minister van Financiën Sigrid Kaag. Ze zegt dat de ministers van de 27 EU-landen er bij hun overleg deze week in ieder geval nog niet uitkomen.  ( 9 min )

De Nederlandse bloemenbranche kampt met een teruggelopen export, vooral doordat consumenten in het buitenland minder geld overhouden voor een bloemetje. De oorlogssituatie in Israël helpt voor het huidige kwartaal niet mee.  ( 9 min )

Beelden van geweld door Hamas en teksten die waarschuwen dat kinderen worden vermoord in Israël. Het is plotseling te zien in reclames in onschuldige telefoonspelletjes. "Laat kinderen even geen online spelletjes zoals Angry Birds spelen", zegt Justine Pardoen, oprichter van Bureau Jeugd en Media.  ( 11 min )

Het verbeterplan van het Afvalfonds om meer flessen met statiegeld in te zamelen is niet goed genoeg, vindt de Inspectie Leefomgeving en Transport (ILT). De inspectie wil zien hoeveel inzamelpunten erbij komen en wil ook weten waar en wanneer.  ( 9 min )

De fiscus heeft de eerste dwangbevelen gestuurd naar ondernemers die sinds de coronacrisis een belastingschuld hebben en deze niet betalen. In sommige gevallen zijn zelfs stappen gezet om beslag te leggen op bezittingen van de bedrijven.  ( 9 min )

Zo'n 60.000 ondernemers hebben een achterstand bij het betalen van hun coronaschuld aan de Belastingdienst. Dat is bijna een kwart van alle bedrijven die nog een schuld uit de coronatijd hebben openstaan bij de fiscus.  ( 8 min )

Ook bij accountantskantoor Deloitte is gefraudeerd met toetsen. Bestuurslid Rob Bergmans treedt terug vanwege de voorlopige resultaten van een intern onderzoek. Eerder dit jaar is dergelijke fraude al bij branchegenoot KPMG aan het licht gekomen.  ( 9 min )

De webshop van het failliete BCC is vanaf maandag gesloten. Daarnaast houden de fysieke winkels van de elektronicaketen die nog wel open zijn vanaf maandag een faillissementsuitverkoop. Daarbij geeft het bedrijf hoge kortingen.  ( 8 min )

Banken en andere geldverstrekkers hebben afgelopen week opnieuw hun hypotheekrentes verhoogd. Sinds enkele weken lopen de rentes op hypotheken steeds verder op. Dit komt door de aanhoudende inflatie.  ( 9 min )

Een groep woningverhuurders heeft de Nederlandse Staat gedagvaard. Ze zijn het oneens met regels die de opbrengst van verhuur aan banden leggen en willen een schadevergoeding.  ( 9 min )

Een groep woningverhuurders heeft de Nederlandse Staat gedagvaard. Ze zijn het oneens met regels die de opbrengst van verhuur aan banden leggen en willen een schadevergoeding.  ( 9 min )

Nederlandse supermarkten hebben vis verkocht die is gemaakt met Chinese dwangarbeid. Daarbij gaat het om producten van het Britse bedrijf Nomad Foods, dat onder meer het merk Iglo op de markt brengt. Dat blijkt uit uitgebreid onderzoek van het journalistieke platform The Outlaw Ocean.  ( 11 min )

Zo'n 29.000 bedrijven hebben in de afgelopen drie maanden besloten te stoppen. Dat is 7 procent meer dan een jaar eerder. Uit cijfers van de Kamer van Koophandel (KVK) blijkt ook dat het aantal faillissementen bijna is verdubbeld.  ( 9 min )

Zo'n 29.000 bedrijven hebben in de afgelopen drie maanden besloten te stoppen. Dat is 7 procent meer dan een jaar eerder. Uit cijfers van de Kamer van Koophandel (KVK) blijkt ook dat het aantal faillissementen bijna is verdubbeld.  ( 9 min )

Nederlandse supermarkten hebben vis verkocht die is gemaakt met Chinese dwangarbeid. Daarbij gaat het om producten van het Britse bedrijf Nomad Foods, dat onder meer het merk Iglo op de markt brengt. Dat blijkt uit uitgebreid onderzoek van het journalistieke platform The Outlaw Ocean.  ( 10 min )

The headwinds are piling up on our economic horizon, just a few blurs of cloud right now, at the edge of the horizon – and we just don’t know what’s coming next. The headwinds include factors we all know about: persistent inflation, the Fed’s higher interest rates and tighter monetary policy, the tighter business and consumer credit environment, and the fast-rising government debt which at $33.57 trillion already measures 103% of the total GDP. We’ve been reading about these headwinds for severa  ( 35 min )

After a rough year, shareholders will want to see signs that the company’s woes are receding in the rearview mirror.  ( 22 min )

The proliferation of freight brokerages is giving truckers a lifeline. The post Freight recession unlike any other in history appeared first on FreightWaves.  ( 36 min )

This week includes earnings reports from Tesla, Netflix, and Goldman Sachs.  ( 17 min )

HOUSTON (Reuters) -Oil futures fell on Monday on reports the U.S. could soon reach a deal to ease sanctions on Venezuela if a presidential election date is set in that country, while traders see the Israel-Hamas conflict not affecting crude supplies in the short term. Brent futures were down 79 cents, or 0.87%, at $90.10 a barrel at 12:01 p.m. CDT (1701 GMT). U.S. West Texas Intermediate (WTI) crude fell by 0.53 cents, or 0.6%, to $87.16 a barrel.  ( 32 min )

While most low earners spend down their paychecks each month, about half of people making more than $100,000 a year also run out of money.  ( 24 min )

More than 50 S&P 500 companies are set to report this week including Tesla, Netflix, TSMC, and Goldman Sachs.  ( 23 min )

The Magnificent Eight punch well above their fundamental weight, thanks to premium valuation multiples.  ( 20 min )

It wasn’t that long ago that BofA seemed poised to become America’s most lucrative bank. A big bet on bonds changed all that.  ( 23 min )

Investors will do better in Treasury inflation-protected securities, or TIPS, versus regular Treasury bonds if inflation runs at more than 2.35%, which seems likely.  ( 23 min )

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Insurers have been hit by a one-two punch of natural disasters and lackluster financial markets. But there’s a silver lining: the profits and surpluses that come with rising premiums.  ( 68 min )

(Bloomberg) -- The tagline from Wall Street was that 2023 was the year of the bond. Instead, fund managers are coming to terms with one of the toughest years ever.Most Read from BloombergIsrael Latest: Army Says Over 600,000 Gazans Have Fled SouthUS Pushes Bid to Avert Wider Israel War After Iran WarningIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsYour Guide to Understanding the Roots of the Israel-Hamas WarStanford Suspends Teacher as Mideast Conflict Roils CampusLacy Hunt, Hoising  ( 33 min )

Gas prices across the U.S. dropped, even in notoriously expensive California, shrugging off escalating Mideast tensions and oil prices for now.  ( 32 min )

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Third-quarter earnings season picks up with reports from Morgan Stanley, Bank of America, Tesla, Goldman Sachs, Netflix, TSMC, Johnson & Johnson, and Lockheed Martin.  ( 23 min )

You can get Social Security benefits and work at the same time. But if you haven't reached full retirement age, your benefits could be reduced.  ( 29 min )

Find out how to determine when it's the right time for you to switch from mutual funds to ETFs, including the benefits of ETFs and who they are best for.  ( 23 min )

The SECURE 2.0 Act will allow employers to provide 401(k), 403(b), or SIMPLE IRA matching for qualified student loan payments.  ( 37 min )

GM and Unifor Deal Details Are Out. You Can't Blame Canada For The UAW Log Jam.  ( 21 min )

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ExxonMobil and Pioneer's $60 billion merger will make Exxon the biggest shale player in the region.  ( 34 min )

(Bloomberg) -- With the list of stock-market worries growing seemingly by the day, investors looking to earnings season for a dose of good news are hanging their hopes on a familiar group: Big Tech.Most Read from BloombergIsrael Latest: Army Says Hamas Officials Dead; Over 600,000 in Gaza Flee SouthUS Pushes to Contain Israel-Hamas War, Warns Iran About EscalationIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsGlobal Markets Stable as US Pushes to Contain Middle East WarYour Guide to U  ( 34 min )

(Bloomberg) -- With the list of stock-market worries growing seemingly by the day, investors looking to earnings season for a dose of good news are hanging their hopes on a familiar group: Big Tech.Most Read from BloombergIsrael Latest: Egypt Says Response Has Exceeded Self-DefenseIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsYour Guide to Understanding the Roots of the Israel-Hamas WarStanford Suspends Teacher as Mideast Conflict Roils CampusBlinken to Visit Israel Again as Lebanon  ( 34 min )

Managing your taxes can be one of the most complex aspects of estate planning and a new IRS rule change continues that trend. The rule, published at the end of March, changes how the step-up in basis applies to assets held in an irrevocable trust. If you need help interpreting the IRS rule change or setting […] The post Want to Leave Assets to Heirs? IRS Rule Change Should Have You Rethinking Your Irrevocable Trust appeared first on SmartReads CMS - SmartAsset.  ( 33 min )

The IRS recently announced a major tax enforcement initiative that will increase scrutiny on high-income earners, partnerships and people with foreign bank accounts. The agency said the effort would “restore fairness to [the] tax system” by focusing on wealthy taxpayers who have seen sharp declines in audit rates over the past decade. A financial advisor […] The post The IRS Is Cracking Down on These High-Income Earners. Are You One of Them? appeared first on SmartReads by SmartAsset.  ( 33 min )

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A slew of corporate earnings will provide investors with a check on the health of corporate America in the week ahead.  ( 36 min )

(Bloomberg) -- Traders are preparing for another week of wild price swings as continuing conflict in the Middle East fuels demand for haven assets and prompts investors to reconsider their views on global interest rates. Most Read from BloombergIsrael Latest: US Says It’s Warned Iran in Back-Channel TalksIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsYour Guide to Understanding the Roots of the Israel-Hamas WarStanford Suspends Teacher as Mideast Conflict Roils CampusIsrael Latest: Is  ( 33 min )

If government regulators prevail against Google in the biggest U.S. antitrust trial in a quarter century, it's likely to unleash drastic changes that will undermine the dominance of a search engine that defines the internet for billions of people. As the 10-week trial probing Google's business practices nears its midway point, it's still too early to tell if U.S. District Judge Amit Mehta will side with the Justice Department and try to handcuff one of the world's most dominant tech companies. If Mehta rules that Google has been running an illegal monopoly in search, the punishment could open up new online avenues for consumers and businesses to explore in pursuit of information, entertainment and commerce.  ( 35 min )

By Louis Juricic and Sarina Isaacs  ( 34 min )

Renaissance Capital LLC’s passive IPO-focused ETFs loaded up on Palantir, Rivian, and Kenvue stock, and exited an investment in Li Auto in the third quarter.  ( 20 min )

Earnings at giant banks rose as high interest rates let them rake in more income. But loan write-offs also increased, showing that some borrowers are struggling.  ( 35 min )

Charles and Kathleen Moore are about to have their day in the Supreme Court over a $15,000 tax bill they contend is unconstitutional. The couple from Redmond, Washington, claim they had to pay the money because of their investment in an Indian company from which, as Charles Moore, 62, said in a sworn statement, they “have never received a distribution, dividend, or other payment.” The Moores are the public face of a high court case backed by business and conservative political interests that could call into question other parts of the U.S. tax code and rule out a much-discussed but never-enacted tax on wealth.  ( 34 min )

Older relatives often have let their finances fall into disarray by the time you step in. Here's a primer on how to help right things without angering them.  ( 24 min )

This week in Borderlands: Mexico remains top US trade partner in August, Laredo No. 1 gateway; Eden Green begins $40M vertical farming expansion near Dallas; Production, exports of Mexican-built trucks fall for second straight month; and Port of Brownsville receives $11.5M to overhaul cargo dock. The post Borderlands: Mexico top US trade partner in August, Laredo No. 1 gateway appeared first on FreightWaves.  ( 34 min )

Individual investors are dialing back on risks across markets.  ( 27 min )

(Bloomberg) -- China’s economy isn’t yet on secure footing, as recent green shoots have been offset by lingering fears about the property crisis and a stubborn inability to revive confidence.Most Read from BloombergIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsIsrael Latest: Rockets Target Tel Aviv; Hezbollah Claims StrikeIsrael Latest: Israeli Army Strikes Hezbollah Posts in LebanonTop House Republican Wants Help From Democrats to Pick a SpeakerYour Guide to Understanding the Roots  ( 36 min )

Surging interest expenses are wiping out profits for some issuers of risky loans.  ( 27 min )

Sales growth has slowed in the U.S. as car companies are finding a limited pool of consumers willing to pay more for these models.  ( 27 min )

Investing.com -- Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: Tesla reaches a production milestone; OSHA violations plague GM plant; and VinFast buys a battery company.  ( 33 min )

Eli Lilly (LLY) shares are reaching new heights, up 67% in 2023. Consistent buy pressure is lifting the stock.  ( 32 min )

Vertex Pharmaceuticals (VRTX) shares are climbing, up 28% in 2023. Consistent buy pressure is lifting the shares.  ( 32 min )

Novo Nordisk (NVO) shares are surging, up 51% in 2023. While the company recently raised its guidance due to Ozempic and Wegovy, mega demand for the stock is powering the surge.  ( 32 min )

The first is how much the conflict in the Middle East could escalate and what it might mean for supplies in the world's top oil producing region. Crude prices got to finish the just-ended week up as much as 7%, after somewhat of a roller-coaster. An initial 4% gain on Monday from concerns over the latest Middle East war was pared to just 1% by Thursday from data showing the worst weekly US crude build in eight months, on top of record production.  ( 37 min )

South Korea's stock market watchdog said on Sunday it found two Hong Kong-based investment banks had engaged in naked short-selling, which would likely result in record fines. The two unnamed investment banks made naked short-selling transactions of a total 40 billion won ($29.58 million) and 16 billion won, respectively, the Financial Supervisory Service (FSS) said in a statement. Naked short selling of stocks - in which an investor short sells shares without first borrowing them or determining they can be borrowed - is banned by the Capital Markets Act in South Korea.  ( 31 min )

Economists and market strategists are anticipating further ripple effects globally from the Middle East conflict, watching to see if the situation draws in other countries with the potential to increasingly drive up oil prices and send capital flowing to safehavens. Israel was preparing on Saturday to launch a ground assault in the Hamas-controlled Gaza Strip, after telling Palestinians living in the territory to flee south. The Israeli national security adviser, meanwhile, warned Lebanese militant group Hezbollah not to start a war on a second front.  ( 32 min )

Is a 3% cash discount enough to make people ditch credit cards and payment apps?  ( 27 min )

The accounting rate of return (ARR) is a formula that measures the net profit, or return, expected on an investment compared to the initial cost.  ( 26 min )

Custom basket ETFs are exchange-traded funds taking advantage of the SEC’s “ETF Rule” passed in 2019. Learn more here.  ( 22 min )

ETFs offer more convenient ways to access the many benefits of covered call strategies, such as lower volatility.  ( 22 min )

Learn the relationship among the cost of living, the government’s Consumer Price Index, inflation, and Americans’ household incomes.  ( 31 min )

Learn about the difference between an index fund and an exchange-traded fund, or ETF, and how index fund investing compares to value investing.  ( 22 min )

Discover four viable hedging strategies with index-based ETFs, including the use of inverse and leveraged funds, as well as call writing and buying puts.  ( 23 min )

Medicare changes for 2024 include big changes for Part D, and higher premiums and deductibles. Learn about changes.  ( 22 min )

Can some experts possibly be right about Americans saving too much for our own good?  ( 26 min )

Net foreign factor income (NFFI) is the difference between a nation’s gross national product (GNP) and gross domestic product (GDP).  ( 20 min )

Communism and socialism are political and economic systems that are historically related but often confused with each other. Here's how they compare.  ( 27 min )

The Old-Age and Survivors Insurance Trust Fund is a U.S. Treasury account that pays Social Security benefits to retired workers, their survivors, and eligible children.  ( 25 min )

ETF arbitrage brings the market price of ETFs back in line with net asset values when divergence happens. Learn how it works.  ( 24 min )

Japan's negative interest rate policy has failed to generate economic growth, but the central bank keeps trying to print up prosperity.  ( 23 min )

Medicare open enrollment, Oct. 15–Dec. 7, is an opportunity to make changes to your Medicare coverage. Learn how open enrollment for Medicare works.  ( 26 min )

Bitcoin's price history has been volatile. Learn about the currency's significant spikes and crashes, plus its major price influencers.  ( 27 min )

You can get Social Security benefits and work at the same time. But if you haven't reached full retirement age, your benefits could be reduced.  ( 29 min )

Find out how to determine when it's the right time for you to switch from mutual funds to ETFs, including the benefits of ETFs and who they are best for.  ( 23 min )

Learn more about Medicare Part D, which is a prescription drug benefit program offered as part of Medicare.  ( 26 min )

Learn how to evaluate the performance of an ETF, whether it is before the purchase or after you have held the investment for many years.  ( 20 min )

Property, plant, and equipment (PP&E) are long-term assets vital to business operations and not easily converted into cash.  ( 26 min )

Medicare is a U.S. government program providing health insurance mostly to people 65 and older.  ( 30 min )

The massive Baby Boomer generation is now retiring in droves. Will they bankrupt the Social Security system?  ( 25 min )

The number of 'centi-millionaires' worldwide has more than doubled in the last 20 years, with 38% of them living in the U.S. and 775 based in New York City.  ( 18 min )

The Canada Revenue Agency (CRA) or Agence du revenu du Canada is a federal agency that collects taxes and administers tax laws for the Canadian government.  ( 21 min )

Each is different in their own way, but which system is better: the currency board or the central bank? Find out more about these systems in this article.  ( 25 min )

ETFs have lower costs than index funds, but the cost to buy and sell can be more expensive.  ( 22 min )

TikTok heeft naar eigen zeggen actie ondernomen bij het bestrijden van nepnieuws en haatzaaiende berichten rond het conflict in Israël. De videoapp reageert daarmee op een eis van Eurocommissaris Thierry Breton.  ( 8 min )

De rente op studieschulden is met ruim 2,5 procent veel hoger dan de afgelopen jaren. Is dat reden voor extra haast met aflossen ? Of loont het om juist langzaamaan te doen? Experts wijzen op dat je gevoel het belangrijkst is.  ( 9 min )

De Wereldbank is onder de nieuwe president Ajay Banga een nieuwe richting ingeslagen. Die indruk heeft vertrekkend Wereldbank-bewindvoerder Koen Davidse.  ( 10 min )

Vakbond FNV organiseert dinsdag 24 oktober een landelijke stakingsdag in de houthandel voor een nieuwe en betere cao. De bond roept verder voor komende maandag op tot werkonderbrekingen in Zuid-Holland en Zeeland.  ( 8 min )

NU.nl kiest elke dag een actueel onderwerp waarover jij uitgebreid met medelezers van gedachten kunt wisselen. Vandaag gaat het over de wegwerpbeker die per januari verboden is. Kantoren, attractieparken en ziekenhuizen weten nog niet hoe ze de wegwerpbeker gaan vervangen. Oplossingen zijn mogelijk inruilbekers, meer vaatwassers en gratis herbruikbare flesjes. Wat lijkt jou een goed alternatief? Of neem je nu al een herbruikbare fles of mok mee als je de deur uitgaat?  ( 7 min )

Vandaag start een internationaal onderzoek naar het zeewater en de grond rondom Fukushima. Japan loost hier sinds afgelopen zomer afvalwater van de verwoeste kerncentrale in de Stille Oceaan. En daar is niet iedereen over te spreken.  ( 9 min )

NU.nl kiest elke dag een actueel onderwerp waarover jij uitgebreid met medelezers van gedachten kunt wisselen. Vandaag gaat het over de wegwerpbeker die per januari verboden is. Kantoren, attractieparken en ziekenhuizen weten nog niet hoe ze de wegwerpbeker gaan vervangen. Oplossingen zijn mogelijk inruilbekers, meer vaatwassers en gratis herbruikbare flesjes. Wat lijkt jou een goed alternatief? Of neem je nu al een herbruikbare fles of mok mee als je de deur uitgaat?  ( 7 min )

China schendt op grote schaal mensenrechten in de visserij-industrie. Personeel aan boord van vissersboten en in de verwerkingsfabrieken, onder wie Oeigoeren en Noord-Koreanen, heeft te maken met mensenhandel, geweld en dwangarbeid. Daarbij vallen zelfs doden, blijkt uit onderzoek van journalisten van The Outlaw Ocean Project.  ( 10 min )

Kantoren, attractieparken en ziekenhuizen weten nog niet hoe ze de wegwerpbeker gaan vervangen als die per januari verboden is, blijkt uit een rondgang van NU.nl. Onderwijsinstellingen hebben juist al wat ervaring opgedaan: "De mokkendiefstal neemt af."  ( 13 min )

China schendt op grote schaal mensenrechten in de visserij-industrie. Personeel aan boord van vissersboten en in de verwerkingsfabrieken, onder wie Oeigoeren en Noord-Koreanen, heeft te maken met mensenhandel, geweld en dwangarbeid. Daarbij vallen zelfs doden, blijkt uit onderzoek van journalisten van The Outlaw Ocean Project.  ( 10 min )

Giving Tuesday is a global initiative that encourages people to donate their time and money to charitable causes on the Tuesday after Thanksgiving.  ( 24 min )

A genuine progress indicator (GPI) is a metric that measures the economic growth of a country. It is an alternative to gross domestic product (GDP).  ( 24 min )

Exchange traded products (ETPs) are types of securities that track underlying securities, an index, or other financial instruments. ETPs trade on exchanges similar to stocks.  ( 22 min )

An international exchange-traded fund (ETF) is any ETF that invests in foreign-based securities.  ( 22 min )

A euro ETF is an exchange-traded fund (ETF) that invests in the euro, either directly or through euro-denominated short-term debt.  ( 20 min )

Women are investing and saving for retirement at higher rates, with younger generations of women leading recent gains, Fidelity found.  ( 18 min )

An exchange-traded fund (ETF) is a basket of securities that tracks an underlying index. ETFs can contain investments such as stocks and bonds.  ( 39 min )

Despite beating on profit, Domino's Pizza (DPZ) posted weaker-than-expected revenue for its third quarter as inflation-weary customers pulled back on ordering pizza.  ( 18 min )

The law of demand states that quantity purchased varies inversely with price. In other words, the higher the price, the lower the quantity demanded.  ( 28 min )

A decade after the financial crisis, Neel Kashkari, the man who oversaw TARP, answers questions on lessons learned.  ( 23 min )

Handelsgesetzbuch is a law that governs the commercial code for German companies and includes regulations on the preparation of financial statements.  ( 23 min )

There are at least four factors that affect change in futures prices, including risk free-interest rates, particularly in a no-arbitrage environment.  ( 25 min )

The Conference Board (CB) is a not-for-profit research organization which distributes vital economic information to its peer-to-peer business members.  ( 28 min )

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Insurers have been hit by a one-two punch of natural disasters and lackluster financial markets. But there’s a silver lining: the profits and surpluses that come with rising premiums.  ( 68 min )

(Bloomberg) -- Bond traders got a glimpse this week of what the eventual end of the Federal Reserve’s hiking cycle may look like.Most Read from BloombergIsrael Latest: Military Says It’s Preparing Wide Assault on GazaIsrael Latest: Israeli Army Strikes Hezbollah Posts in LebanonTop House Republican Wants Help From Democrats to Pick a SpeakerYour Guide to Understanding the Roots of the Israel-Hamas WarWider War in Middle East Could Tip the World Economy Into RecessionAmid volatile trading conditi  ( 33 min )

Nvidia offers luxurious office spaces in which employees can gather, but there's no return-to-office mandate.  ( 34 min )

The National Labor Relations Board alleges X retaliated against software engineer Yao Yue after she posted messages telling other workers to let Musk fire them rather than resigning, in wake of the company's new return-to-office policy.  ( 31 min )

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The refinery that supplies much of Scotland and northern England’s petrol and diesel could be at risk of cutbacks or even closure if Labour pushes ahead with plans to ban new oil and gas projects in the North Sea, its owners have warned.  ( 34 min )

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Prices at the pump are tumbling, even as war rages in the Middle East.  ( 27 min )

Hundreds of billions of dollars have been invested worldwide. Here’s what you need to know about how much the technology has, and hasn’t, changed things.  ( 29 min )

(Bloomberg) -- Investors are growing more confident that a year-long slump in profits for Corporate America is about to end. Yet a fragile economic outlook, wary consumers and the highest interest rates in 16 years mean any relief for stocks could be short-lived.Most Read from BloombergIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsIsrael Latest: Rockets Target Tel Aviv; Hezbollah Claims StrikeIsrael Latest: Israeli Army Strikes Hezbollah Posts in LebanonTop House Republican Wants Hel  ( 35 min )

(Bloomberg) -- With the Securities and Exchange Commission opting against appealing a ruling that paves the way for Grayscale Investments LLC to convert its Bitcoin trust into an exchange-traded fund, analysts are now trying to gauge how the process may unfold from here. Most Read from BloombergIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsIsrael Latest: Rockets Target Tel Aviv; Hezbollah Claims StrikeIsrael Latest: Israeli Army Strikes Hezbollah Posts in LebanonTop House Republican  ( 32 min )

(Bloomberg) -- Federal Reserve officials look set to hold interest rates steady for the second time in a row next month — but they’re far from calling an end to their tightening campaign.Most Read from BloombergIsrael Latest: Israeli Army Strikes Hezbollah Posts in LebanonTop House Republican Wants Help From Democrats to Pick a SpeakerIsrael Latest: Blinken Says Must Stop Conflict From SpreadingWider War in Middle East Could Tip the World Economy Into RecessionNYC Boosts Security Ahead of ‘All O  ( 34 min )

Around 7% of retirees are looking for work in retirement, while 20% say they’re already working part time or full time.  ( 36 min )

Mortgage assumption allows the seller of a home to pass along to the buyer an existing home loan, negotiated earlier at low interest rates.  ( 32 min )

There is a long history of legendary CEO returns, but more companies have regretted them than rejoiced.  ( 27 min )

The US median down payment increased 11.3% year over year in the third quarter to $30,434, the highest in a decade.  ( 34 min )

Chipotle's long-term growth plans are still attractive to the street.  ( 34 min )

Wall Street’s great debate of 2023 — whether the U.S. economy is headed for a recession — is resurfacing amid heightened geopolitical risk, unabating inflationary pressures, and surging bond yields.  ( 32 min )

(Bloomberg) -- Igor Sechin, the boss of Russia’s state oil company and longtime associate of Vladimir Putin, celebrated New Year’s Eve on a yacht anchored off Palm Jumeirah, the man-made Dubai island dotted with oligarch-friendly beachfront villas. Most Read from BloombergIsrael Latest: Biden and Abbas Talk as Gaza Invasion NearsIsrael Latest: Israeli Army Strikes Hezbollah Posts in LebanonTop House Republican Wants Help From Democrats to Pick a SpeakerYour Guide to Understanding the Roots of th  ( 40 min )

The agency is targeting partnerships with more than $10 million in income and individuals with more than $1 million in income and $250,000 of tax debt.  ( 24 min )

India said on Saturday it will maintain the floor price for basmati rice exports until further notice, according to a government order, as the world’s biggest exporter continues to curb overseas shipments of the grain. India imposed a $1,200 per ton minimum export price (MEP) on basmati rice shipments in August to calm local prices ahead of key state elections. A government order on Saturday said it would maintain the MEP, initially in place until Sunday, until further notice.  ( 31 min )

A wager against U.S. shopping malls looked like a sure thing but hasn’t worked out that way.  ( 28 min )

UAW workers are striking for better pay, among other benefits. Here's a look at how UAW hourly wages compare with other workers in striking states.  ( 33 min )

Ferrari has started to accept payment in cryptocurrency for its luxury sports cars in the U.S. and will extend the scheme to Europe following requests from its wealthy customers, its marketing and commercial chief told Reuters. The vast majority of blue-chip companies have steered clear of crypto as the volatility of bitcoin and other tokens renders them impractical for commerce. Patchy regulation and high energy usage have also prevented the spread of crypto as a means of payment.  ( 33 min )

Conflict in the Middle East, surging global interest rates and elevated oil prices threaten a fragile recovery.  ( 28 min )

Darren Woods didn’t waver in his full-throttled belief in oil. Now his one-time doubters back his $60 billion deal for shale giant Pioneer.  ( 25 min )

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Apple Inc. is facing an expanded lawsuit with more than three dozen victims alleging that Apple's AirTag the "weapon of choice" for stalkers and abusers.  ( 33 min )

Despite banks continuing to see benefits of high rates, worries about deposit costs and consumer credit still lurk.  ( 27 min )

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Aardappeltelers op bepaalde typen grond (zand en löss) moeten zondag toch echt hun aardappels hebben geoogst, willen ze strafmaatregelen voorkomen. Veel boeren zeggen dat hun gewassen meer tijd nodig hebben.  ( 10 min )

Het aantal bedrijven dat failliet is gegaan is afgelopen jaar flink toegenomen. Voor werknemers zorgt een faillissement voor een onzekere tijd. Ze verliezen hun baan en daarmee hun inkomen. Wat zijn hun rechten?  ( 10 min )

Heb je nu een DSL-internetabonnement van bijvoorbeeld Youfone of Odido en legt KPN glasvezel bij je aan? Dan ben je binnenkort waarschijnlijk een stuk duurder uit. De goedkopere internetabonnementen zijn niet verkrijgbaar op het glasvezelnetwerk van KPN.  ( 10 min )

Steeds meer woningen in Nederland zijn voor internet, televisie en telefonie aangesloten op een glasvezelnetwerk. Maar er zijn regionale prijsverschillen voor glasvezelabonnementen. Wat je voor je abonnement betaalt, is afhankelijk van de glasvezelkabel die naar jouw huis is aangelegd.  ( 10 min )

De Europese Unie is niet van plan zich economisch los te maken van China. Brussel wil minder afhankelijk worden van het Aziatische land, maar de handelsbelangen zijn te groot, zei EU-buitenlandchef Josep Borrell.  ( 9 min )

Ferrari accepteert vanaf nu cryptomunten als betaalmiddel bij de verkoop van zijn luxe sportauto's. Voortaan kunnen klanten in de Verenigde Staten met de digitale munten betalen. Begin volgend jaar zou dit ook in Europese landen mogelijk moeten zijn.  ( 9 min )

Het aantal bedrijven dat failliet is gegaan is afgelopen jaar flink toegenomen. Voor werknemers zorgt een faillissement voor een onzekere tijd. Ze verliezen hun baan en daarmee hun inkomen. Wat zijn hun rechten?  ( 9 min )

Aan de periode waarin de lonen alsmaar harder omhooggaan lijkt een einde gekomen. President Klaas Knot van De Nederlandsche Bank ziet de "eerste signalen van afnemende loondruk".  ( 10 min )

Sinds Wehkamp 50 cent per geretourneerd artikel vraagt, krijgt de webwinkel vijfduizend producten per dag minder terug. Wehkamp gaat ook klanten stimuleren om een bestelling bij een afhaalpunt van DHL op te halen door 50 cent te rekenen voor bezorging thuis. Hoeveel geld heb jij er voor over om je bestelling retour te sturen? En zou jij je pakketje bij een afhaalpunt laten leveren als thuisbezorgen geld kost? Praat mee.  ( 8 min )

De rente op studieleningen gaat flink stijgen. Maar wat betekent dit nou in de praktijk voor jouw studieschuld?  ( 3 min )

Despite beating on profit, Domino's Pizza (DPZ) posted weaker-than-expected revenue for its third quarter as inflation-weary customers pulled back on ordering pizza.  ( 1 min )

When looking at third-quarter earnings “beats” and “misses” don't forget to think about the bigger picture.  ( 24 min )

New car prices have risen and interest rates have spiked. That means car purchases are taking a larger share of household budgets. That’s not good for buyers or investors.  ( 35 min )

Fed members seem to have woken up to the potential impact higher bond yields can have on the stock market. A pivot may be coming.  ( 19 min )

Strong earnings and reduced valuations could propel tech stocks higher, lifting the broad market in the seasonally strong fourth quarter.  ( 26 min )

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Here are some of the major companies whose stocks moved on the week’s news.  ( 27 min )

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Gain insight on Orsted’s Sunrise Wind offshore project, Exxon’s acquisition of Pioneer, the U.S. rig count, and more in the latest Market Talks covering Energy and Utilities.  ( 25 min )

US crude oil production surged to a record high of 13.2 million barrels a day, above the prior record of 13.1 million hit in February 2020.  ( 33 min )

Covid-19 product sales are expected to dry up. Pfizer said Friday it is cutting its guidance for the year by $9 billion due to changes in expected sales of its Covid-19 vaccine and treatment Paxlovid. Pfizer lowered its guidance to between $58 billion and $61 billion from between $67 billion and $  ( 24 min )

The best available nationwide CD rate today jumped to 6.50% for an eight-month term, although only for a maximum deposit of $5,000.  ( 20 min )

Pfizer Inc on Friday cut forecast for 2023 revenue to between $58 billion and $61 billion, from $67 billion to $70 billion previously. Shares of the company were down about 7% in extended trading. The company also cut its forecast for revenue from its COVID pill Paxlovid to about $7 billion from a prior forecast of $8 billion.  ( 31 min )

After two years co-piloting the biggest acquisition in video game history past an onslaught of challenges, Xbox CEO Phil Spencer now moves on to his next quest: making Microsoft's takeover of Activision Blizzard worth the hassle. Microsoft, which owns the Xbox gaming system, closed its $69 billion deal to buy game-maker Activision Blizzard on Friday after fending off global opposition from antitrust regulators and rivals. It marks a career-defining moment for Spencer, who first joined Microsoft as an intern in 1988 and has helmed Xbox since 2014.  ( 35 min )

Gold was having a meh year until Hamas tacked Israel. Here’s what could drive prices higher, according to one metals watcher. Plus, market newsletter commentary on interest rates, bank downgrades, and small-cap dividends.  ( 24 min )

Higher interest rates are making lending by the nation’s largest banks more profitable, while consumers and the economy remain surprisingly strong in the face of rate hikes.  ( 31 min )

In the largest tax audit in U.S. history, the IRS rejected Microsoft’s efforts to assign profits to a small factory in Puerto Rico.  ( 34 min )

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The Dow rose 200 points after JPMorgan and Wells Fargo kicked off earnings season with profit beats.  ( 43 min )

Open enrollment for Medicare opens Sunday, and seniors could have dozens of options. During the enrollment period, which ends Dec. 7, people will have the opportunity to choose between traditional Medicare and privately run Medicare Advantage plans in their area, as well as prescription drug plans. The non-profit KFF analyzed a national survey of people with Medicare and found that only about a third compared their coverage options during a recent enrollment period.  ( 31 min )

(Bloomberg) -- Japan’s Finance Minister Shunichi Suzuki sent a warning shot to investors on Friday, relating that he had told his Group of 20 counterparts that there will be cases when appropriate responses are required in foreign exchange markets. Most Read from BloombergIsrael Latest: Israeli Army Strikes Hezbollah Posts in LebanonTop House Republican Wants Help From Democrats to Pick a SpeakerNYC Boosts Security Ahead of ‘All Out for Palestine’ ProtestWider War in Middle East Could Tip the Wo  ( 32 min )

Policies can have a ripple effect, often going beyond their initial intent. We’re seeing this now from the Federal Reserve, which has made it clear that, in response to stubbornly persistent inflation, it will be holding interest rates higher for longer. This trend aligns with observations made by David Kostin, Chief US Equity Strategist at Goldman Sachs. Kostin points out that stocks have shown a strong return on equity (ROE) over the past several decades, reflecting a positive combination of p  ( 35 min )

Ford Motor is considering cutting a work shift at the plant where it builds its electric F-150 Lightning pickup as demand for the EV truck falters.  ( 28 min )

Microsoft's success could embolden other big technology companies seeking a better foothold in videogames.  ( 17 min )

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Oil jumped more than 4% on Friday as the G7 clamped down on Russian crude export price cap violations and uncertainty over the Israel-Hamas war intensifies.  ( 34 min )

Medicare premiums will rise by 6% in 2024, taking a bite out of Social Security's 3.2% cost of living adjustment. See what you'll be paying.  ( 33 min )

JPMorgan's wider unrealized bond losses may indicate that Bank of America's could top $130 billion when the bank reports its third quarter next week.  ( 22 min )

BlockFi lost “a little over a billion dollars” due to its involvement with FTX and Alameda Research, Zac Prince said.  ( 32 min )

Precious metal futures, often considered 'safe havens' for investors, are jumping up ahead of the weekend--with traders attempting to mitigate their risk in the event of the mideast conflict heightening. "Gold is trading sharply higher today as the escalation of the Israeli-Hamas conflict ahead of  ( 11 min )

(Bloomberg) -- The rout in the US government bond market can be attributed to the absence of all of its anchors, according to Mohamed El-Erian.Most Read from BloombergTop House Republican Wants Help From Democrats to Pick a SpeakerIsrael Latest: Saudis Pause Israel Normalization in Blow to USIsrael Latest: UN Staff Given Evacuation Order for Northern GazaJeff Bezos Buys His Florida Neighbor’s Mansion for $79 MillionVideo Game Cyberpunk 2077 Uses AI To Replace Deceased Voice Actor“We have lost th  ( 32 min )

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“Last week’s attacks on Israel may have far-reaching impacts on energy and food markets, global trade, and geopolitical relationships," Dimon warned.  ( 34 min )

The Dow rose 200 points after JPMorgan and Wells Fargo kicked off earnings season with profit beats.  ( 40 min )

The Dow rose 200 points after JPMorgan and Wells Fargo kicked off earnings season with profit beats.  ( 41 min )

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Probate is a legal process that verifies the validity of a deceased person’s will. This includes addressing debts and distributing remaining assets. If you die without a will or a living trust, probate can substantially influence the transfer of your assets. Here's what you need to know to avoid the probate process. If you want […] The post How to Avoid Probate on Your Bank Accounts appeared first on SmartReads by SmartAsset.  ( 32 min )

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BofA Global Research analyst Vivek Arya reiterated his "Top Pick" Buy rating for the stock and reaffirmed his target of $650 for the price.  ( 16 min )

Are you maxing out the 401(k) plan you have at work every year? Do you still have money left for saving and investment after contributing the maximum to your 401(k) and maybe an IRA or two? If so, then you … Continue reading → The post Executive Deferred Compensation Plans appeared first on SmartAsset Blog.  ( 34 min )

The Internal Revenue Service has determined that the software giant owes the U.S. Treasury $28.9 billion in back taxes. Here's what happens next.  ( 19 min )

UAW President Shawn Fain says the strike against the Detroit Three auto makers wasn't expanded, but it isn't done yet.  ( 25 min )

A tumble in LVMH stock this week has reduced the wealth of Bernard Arnault, who controls the luxury giant. Jeff Bezos could soon overtake him.  ( 17 min )

It wasn’t that long ago that BofA seemed poised to become America’s most lucrative bank. A big bet on bonds changed all that.  ( 23 min )

(Bloomberg) -- Morgan Stanley’s Mike Wilson sees a rebound in earnings in the latter half of 2024 but for now his message to investors — stick to the stock picker’s playbook as things are going to get worse before they get better.Most Read from BloombergIsrael Latest: Israeli Army Strikes Hezbollah Posts in LebanonTop House Republican Wants Help From Democrats to Pick a SpeakerWider War in Middle East Could Tip the World Economy Into RecessionNYC Boosts Security Ahead of ‘All Out for Palestine’  ( 33 min )

The average rate on a 30-year mortgage jumped back up Thursday to 8.10%. The increase comes after two days of drops that lowered the 30-year benchmark rate to below 8.00%.  ( 20 min )

The results kicked off a closely watched earnings season where banks of all sizes will be trying to show how they are navigating an extended period of high interest rates.  ( 34 min )

Gas prices rose to their highest peak since February on Friday as the conflict in the Middle East deepens and households prepare for a period of cold weather.  ( 32 min )

(Bloomberg) -- A changing of the guard among the biggest buyers of US Treasuries has Wall Street veterans bracing for further pain in the world’s largest bond market.Most Read from BloombergTop House Republican Wants Help From Democrats to Pick a SpeakerIsrael Latest: Palestinians Flood South After Evacuation OrderIsrael Latest: UN Staff Given Evacuation Order for Northern GazaVideo Game Cyberpunk 2077 Uses AI To Replace Deceased Voice ActorJeff Bezos Buys His Florida Neighbor’s Mansion for $79  ( 35 min )

The only certainty is change, and that’s on investors’ minds today, now that the latest inflation data is out. The Bureau of Labor Statistics reported a month-over-month gain in consumer prices, the CPI, of 0.4%, and an annualized CPI rate of 3.7%. The annualized rate was flat from August, and both figures were unfavorable compared to the expectations, which ere 0.3% and 3.6% respectively. These data points come as economic headwinds are piling up. Oil prices are rising along with the heat in th  ( 35 min )

Netflix downgraded, Applied Materials upgraded: Wall Street's top analyst calls  ( 34 min )

The U.S. Securities and Exchange Commission is set on Friday to adopt new rules that will increase transparency of short-selling, the controversial practice of betting against stocks that drew new scrutiny amid the GameStop saga. The rules will require investors to report their short positions to the agency and for companies that lend out shares to report that activity to the Financial Industry Regulatory Authority (FINRA), a self-regulatory body that polices brokers. The SEC's five commissioners will vote on the rules, which were first proposed in late 2021 and early 2022, on Friday morning.  ( 32 min )

The companies completed the $75 billion deal after a lengthy struggle with regulators.  ( 29 min )

Earnings per share rise to $1.89 from 20 cents in the same quarter a year earlier. The consensus call on Wall Street was for a profit of $1.72.  ( 13 min )

The deal closed Friday after Microsoft cleared a final hurdle from the UK’s Competition and Markets Authority (CMA).  ( 34 min )

Most young Americans have cut their spending in response to persistent inflation over the past year, a Bank of America survey showed on Friday. Seventy three percent of Gen Z consumers between the ages of 18 and 26 have changed their lifestyles because of increased prices, according to a Bank of America poll of more than 1,100 respondents. "Gen Zers are definitely looking for ways to improve their financial health," said Holly O'Neill, president of retail banking at Bank of America told Reuters.  ( 32 min )

The lender earned a profit of $1.57 billion, or $3.60 per share, compared to $1.64 billion, or $3.78 per share, from a year earlier. Analysts had estimated a profit of $3.11 per share, according to LSEG IBES data.  ( 32 min )

With volatile commodity prices, energy stocks can see wild swings from time to time. But investors don't necessarily have to actively trade stocks to make money in the sector. They can also collect dividends. With the right dividend stocks, investors can bypass the stress and uncertainty associated with attempting to time the market, all while benefiting from a passive income stream. Business magnate John D. Rockefeller once said, "Do you know the only thing that gives me pleasure? It's to see m  ( 33 min )

(Bloomberg) -- Shares of Boeing Co. and its top supplier fell on a report that the planemaker is expanding inspections of production flaws in 737 Max aircraft, a move that could further delay deliveries of the workhorse jet. Most Read from BloombergTop House Republican Wants Help From Democrats to Pick a SpeakerIsrael Latest: UN Staff Given Evacuation Order for Northern GazaIsrael Latest: Mideast Rallies Grow as Gaza Crisis WorsensVideo Game Cyberpunk 2077 Uses AI To Replace Deceased Voice Actor  ( 32 min )

The world faces its most “dangerous time” in decades, the boss of JP Morgan has warned as global conflicts combine with fragile economies.  ( 47 min )

Citigroup profit and revenue both rose, topping expectations in its third quarter. Here are the highlights: Profit rose 2% to $3.55 billion, or $1.63 per share. Analysts had expected $1.23 per share. Revenue rose 9% to $20.14 billion. Analysts had expected $19.27 billion. In its markets opera  ( 24 min )

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Citigroup's profit was broadly steady in the third quarter, fueled by rising interest payments and surging investment banking fees. The bank's net income rose to $3.5 billion from a year ago, it reported on Friday, while earnings per share remained stable at $1.63, exceeding the consensus estimate of $1.21 by analysts polled by LSEG. Revenue at Citi's institutional clients group that houses its Wall Street operations increased 12% from a year ago, fueled by a jump in investment banking fees.  ( 32 min )

A problem over the specification of holes on the 737 MAX has worsened. It means more work which slows down deliveries. That isn't what investors want to hear.  ( 18 min )

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(Bloomberg) -- BlackRock Inc. clients pulled a net $13 billion in long-term investment funds, the first outflows since the onset of the pandemic in 2020. Most Read from BloombergTop House Republican Wants Help From Democrats to Pick a SpeakerIsrael Latest: UN Staff Given Evacuation Order for Northern GazaIsrael Latest: Army Urges Evacuation in Gaza; Mideast ProtestsVideo Game Cyberpunk 2077 Uses AI To Replace Deceased Voice ActorScalise Ends House Speaker Bid, Deepening Republican TurmoilThe red  ( 33 min )

UAW President Shawn Fain will update members, and investors, on Friday about the state of labor negotiations with the Detroit Three auto makers. Investors will be looking for clues about how this strike might end.  ( 23 min )

JPMorgan Chase has avoided the worst effects of rapidly rising interest rates, which have hit peers.  ( 23 min )

Wells Fargo kicked off earnings this morning, showing the biggest banks continue to rake in hefty profits. Here are the highlights: The San Francisco-based bank earned $5.77 billion in the third quarter, up 61% from $3.59 billion [a year earlier](https://wsj.com/livecoverage/stock-market-news-to  ( 24 min )

Earnings from JPMorgan Chase and Wells Fargo top estimates, UnitedHealth's adjusted earnings beat forecasts, Microsoft's $75 billion acquisition of Activision Blizzard is approved by U.K. regulators, and Dollar General's former CEO will be coming out of retirement to lead the discount retailer.  ( 23 min )

The world’s largest money manager posted third-quarter earnings per share of $10.91, up from $9.55 a year earlier and better than the $8.34 expected by Wall Street analysts.  ( 15 min )

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The result kicked off a closely watched earnings season where banks of all sizes will be trying to show how they are navigating an extended period of high interest rates.  ( 33 min )

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The Federal Reserve is getting some key help from Treasury yields.  ( 34 min )

Chinese drone maker EHang Holdings gained safety approval certification from China's aviation authority, bringing its unmanned passenger copters one step closer to commercial use, the Guangzhou-based company announced on Friday. The 'type certification' from the Civil Aviation Administration of China (CAAC) is for EHang's 216-S model, a 16-rotor drone that can carry two passengers at speeds of 130 kilometres an hour at a max range of 30 kilometres. An individual vehicle costs 2.16 million yuan ($296,000).  ( 32 min )

Shares in Chinese e-commerce giant JD.com fell as much as 13% to a record low on Friday after several banks and brokers cut price targets and revenue growth forecasts for the firm, citing a weaker-than-expected recovery in consumer spending. The brokerages and banks including Citi, Daiwa and Jefferies, which issued notes to clients on Thursday and Friday with the revised estimates. JD.com, which is listed in Hong Kong and the United States, is expected to report quarterly financial data in mid-November following China's main online shopping festival, Singles' Day.  ( 32 min )

(Bloomberg) -- The rally in Asian equities halted as Treasury yields surged after US inflation data bolstered bets on Federal Reserve rate hikes. The latest data on continued weakness in China’s economy added to the gloom.Most Read from BloombergIsrael Latest: UN Staff Given Evacuation Order for Northern GazaTop House Republican Wants Help From Democrats to Pick a SpeakerIsrael Latest: Hamas Leaders Targeted as Ground War LoomsScalise Ends House Speaker Bid, Deepening Republican TurmoilGhost in  ( 34 min )

Qualcomm has just notified the California Employment Development Department that it's eliminating 1,258 positions within the state, according to Bloomberg.  ( 32 min )

Walmart, Moderna, Tesla, and IBM are among our favorite ideas for the current market. Here’s why.  ( 42 min )

Barron’s asked veteran fund managers and investment strategists how a financially secure individual with a diversified portfolio should invest $100,000 now. Here’s what they said.  ( 30 min )

Scott Sheffield built the oil company into the biggest producer in Texas  ( 6 min )

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(Bloomberg) -- JD.com Inc. slumped to a record low in Hong Kong, after a slew of Wall Street brokerages cut the outlook for the e-commerce retailer on concerns that China’s consumption growth will remain sluggish.Most Read from BloombergIsrael Latest: UN Staff Given Evacuation Order for Northern GazaTop House Republican Wants Help From Democrats to Pick a SpeakerIsrael Latest: Hamas Leaders Targeted as Ground War LoomsScalise Ends House Speaker Bid, Deepening Republican TurmoilGhost in the Machi  ( 33 min )

Oil prices rose on Friday after the U.S. tightened its sanctions programme against Russian crude exports, raising supply concerns in an already tight market, and global inventories are forecast to decline through the fourth quarter. Brent futures rose 36 cents, or 0.4%, to $86.36 per barrel and U.S. West Texas Intermediate (WTI) crude gained 53 cents, or 0.6%, to $83.44 a barrel at 0052 GMT. Russia is the world's second-largest oil producer and a major exporter and the tighter U.S. scrutiny of its shipments could curtail supply.  ( 32 min )

Walgreens is in financial trouble and must start a new chapter with investors.  ( 27 min )

The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best 10-year mortgage rates, all collected here.  ( 26 min )

The S&P 500 fell 0.5% on Friday, Oct. 13, 2023, amid concerns about the escalation of the conflict in Israel and a drop in October consumer sentiment.  ( 16 min )

The best available nationwide CD rate today jumped to 6.50% for an eight-month term, although only for a maximum deposit of $5,000.  ( 19 min )

Novo Nordisk raised its full-year outlook again as demand soars for its Ozempic and Wegovy weight-loss treatments.  ( 16 min )

Demand for the 30-Year Treasury Bond at this week's auction was at its lowest levels since December 2021 as yields came in at the highest levels since 2007  ( 17 min )

Kaiser Permanente and the Coalition of Kaiser Permanente Unions reached a tentative agreement on Friday after a three-day strike by 75,000 employees.  ( 17 min )

Dollar General shares soared as the discount retailer brought back its former CEO while struggling to recover from its recent slump.  ( 17 min )

Three large U.S. banks kicked off the third-quarter earnings season in positive fashion. But they cautioned that mounting challenges loom, and pockets of their business exhibit stress.  ( 18 min )

Privatization describes the process by which a piece of property or business goes from being owned by the government to being privately owned.  ( 24 min )

Principal investing happens when firms use their funds for potential profit rather than acting as brokers. A direct approach to wealth building.  ( 22 min )

Dynamic Midpoint Extended Life Order (M-ELO) Is an AI-Powered Order Type Paired with Machine Learning  ( 23 min )

Keith Gill, known online as Roaring Kitty, is largely credited for spiking the GameStop surge in late 2020.  ( 21 min )

U.S. equities fell at midday on Friday, Oct. 13, 2023 after a report showed consumer sentiment fell more than expected on inflation concerns.  ( 16 min )

UnitedHealth's Q3 results beat expectations and the company raised the lower end of its full-year guidance, boosting the company's stock to its highest level in 10 months.  ( 16 min )

BlackRock's net outflows increased in the third quarter but CEO Larry Fink said the company expects more money coming in from clients once interest rates stabilize.  ( 17 min )

The metaverse is a term for digital worlds where you can make real money. Learn how to make money in the metaverse through digital real estate, creating items, and other methods.  ( 22 min )

Carbon capture and storage (CCS) is a process for trapping carbon dioxide (CO2), a harmful greenhouse gas, and sequestering it, typically deep underground.  ( 25 min )

Carbon markets are a key element of cap and trade programs intended to reduce greenhouse gas emissions. Today there are both compliance (or mandatory) markets and voluntary ones on which carbon credits can be bought and sold.  ( 26 min )

What are the best U.S. cities for finance workers to live in? Here are 15 places to call home that allows workers to maximize pay and job opportunities.  ( 23 min )

The United Auto Workers union said it will no longer be announcing strike expansions on Friday and is prepared to launch surprise walkouts throughout the week.  ( 17 min )

A reverse stock split consolidates the number of existing shares of corporate stock into fewer, proportionally more valuable, shares.  ( 26 min )

If you recently moved or spent considerable time in another part of the country, be sure to check the residency rules of each state.  ( 27 min )

The preliminary index fell 7.5% to come in at 63, below the 67.4 figure that analysts were expecting.  ( 17 min )

Medigap, also called Medicare Supplement Insurance, is private health insurance coverage designed to pay for costs not covered by Original Medicare.  ( 25 min )

As electric vehicle sales surge in the U.S., Tesla's dominance of the lucrative market is slipping as new competitors, including both EV startups and legacy automakers, gain market share.  ( 19 min )

The average rate on a 30-year mortgage jumped back up Thursday to 8.10%. The increase comes after two days of drops that lowered the 30-year benchmark rate to below 8.00%.  ( 20 min )

Compare mortgage rates across 18 different products for both purchase and refinance and see how they stack up across the country.  ( 32 min )

The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best 20-year mortgage rates, all collected here.  ( 25 min )

The right mortgage can make your dream of owning a home a reality. We researched and collected the best 15-year loan offers.  ( 27 min )

The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best jumbo mortgage rates, all collected here.  ( 30 min )

The right mortgage can make your dream of owning a home a reality. We researched and reviewed the best 30-year mortgage rates, all collected here.  ( 18 min )

Compare mortgage refinance rates across 18 different products, from 30-Year Fixed to 5/6 ARMs and everything in between.  ( 18 min )

Microsoft's $69 billion acquisition of video game maker Activision Blizzard was cleared by the Competition and Markets Authority in the U.K.  ( 17 min )

Citigroup (C)'s third quarter profit rose more than expected as revenue grew at a faster clip, even though some of that growth was offset by higher expenses.  ( 17 min )

Donating to charity is a great way to show your giving spirit and save money on your taxes at the same time.  ( 25 min )

Communism is an ideology that advocates a classless system in which the means of production are owned communally.  ( 27 min )

Capitalism is an economic system in which monetary goods are owned by individuals or companies, and workers earn only wages.  ( 32 min )

Sec. 4 of the 14th Amendment is thought by some experts to permit the President to bypass Congress and ignore the debt ceiling because it says, "The validity of the public debt of the United States ... shall not be questioned."  ( 27 min )

JPMorgan Chase reported revenue that beat analyst expectations on higher rates and Microsoft won U.K. regulator approval for its acquisition of Activision Blizzard. Here’s what investors need to know today.  ( 18 min )

JPMorgan Chase’s (JPM) third quarter profits jumped 35% year-over-year to $13.2 billion, or $4.33 per share as rising rates boosted net interest income. Shares of the largest U.S. bank by assets were flat in pre-market trading.  ( 17 min )

IFRS and GAAP are the two primary financial reporting standards systems used by accountants. Learn about the main methodological and practical differences between them.  ( 26 min )

Neera Tanden is a political consultant and serves as a senior advisor and Domestic Policy Advisor under President Joe Biden.  ( 23 min )

The S&P 500 fell 0.5% on Friday, Oct. 13, 2023, amid concerns about the escalation of the conflict in Israel and a drop in October consumer sentiment.  ( 1 min )

Three large U.S. banks kicked off the third-quarter earnings season in positive fashion. But they cautioned that mounting challenges loom, and pockets of their business exhibit stress.  ( 1 min )

U.S. equities fell at midday on Friday, Oct. 13, 2023 after a report showed consumer sentiment fell more than expected on inflation concerns.  ( 1 min )

As electric vehicle sales surge in the U.S., Tesla's dominance of the lucrative market is slipping as new competitors, including both EV startups and legacy automakers, gain market share.  ( 1 min )

U.S. stock futures were mixed in premarket trading Friday as bond yields retreated, oil prices surged, and big banks kicked off earnings seasons.  ( 1 min )

JPMorgan Chase reported revenue that beat analyst expectations on higher rates and Microsoft won U.K. regulator approval for its acquisition of Activision Blizzard. Here’s what investors need to know today.  ( 1 min )

Novo Nordisk raised its full-year outlook again as demand soars for its Ozempic and Wegovy weight-loss treatments.  ( 1 min )

Kaiser Permanente and the Coalition of Kaiser Permanente Unions reached a tentative agreement on Friday after a three-day strike by 75,000 employees.  ( 1 min )

Dollar General shares soared as the discount retailer brought back its former CEO while struggling to recover from its recent slump.  ( 1 min )

UnitedHealth's Q3 results beat expectations and the company raised the lower end of its full-year guidance, boosting the company's stock to its highest level in 10 months.  ( 1 min )

The United Auto Workers union said it will no longer be announcing strike expansions on Friday and is prepared to launch surprise walkouts throughout the week.  ( 1 min )

BlackRock's net outflows increased in the third quarter but CEO Larry Fink said the company expects more money coming in from clients once interest rates stabilize.  ( 1 min )

Microsoft's $69 billion acquisition of video game maker Activision Blizzard was cleared by the Competition and Markets Authority in the U.K.  ( 1 min )

De prijzen van kaartjes voor het openbaar vervoer hoeven volgend jaar niet omhoog. Het demissionaire kabinet trekt daarvoor 420 miljoen euro uit, waar de Tweede Kamer om heeft gevraagd.  ( 8 min )

De prijzen van kaartjes voor het openbaar vervoer hoeven volgend jaar niet omhoog. Het demissionaire kabinet trekt daarvoor 420 miljoen euro uit, waar de Tweede Kamer om heeft gevraagd.  ( 8 min )

De nieuwe Amerikaanse ruimtesonde Psyche is vrijdagmiddag met succes gelanceerd. Daarmee is een reis van zes jaar begonnen naar een mysterieuze planetoïde die ook Psyche is genoemd. Mogelijk zijn daar antwoorden te vinden over het ontstaan van ons zonnestelsel.  ( 9 min )

Het moederbedrijf van goksite Sons of Slots, LCS, vecht de miljoenenboete aan die het opgelegd heeft gekregen van de Nederlandse Kansspelautoriteit (Ksa). Het bedrijf noemt het bedrag dat het moet betalen "buitensporig".  ( 8 min )

Binnen de Europese Unie is vrijdag geen meerderheid opgestaan om een knoop door te hakken over glyfosaat. In november krijgen de lidstaten nog één kans om te stemmen. Daarna ligt het lot van het bestrijdingsmiddel in handen van de Europese Commissie.  ( 9 min )

Binnen de Europese Unie is er vrijdag niet genoeg steun om het bestrijdingsmiddel glyfosaat te verbieden. In november krijgen de lidstaten nog één kans om te stemmen. Daarna ligt het lot van de omstreden onkruidverdelger in handen van de Europese Commissie.  ( 9 min )

De prijzen op de Europese aardgasmarkt stijgen snel. Een lekke pijpleiding, een gesloten gasveld in Israël en een staking in Australië laten de prijzen vrijdag stijgen tot het hoogste niveau sinds februari van dit jaar.  ( 9 min )

De prijzen op de Europese aardgasmarkt stijgen snel. Een lekke pijpleiding, een gesloten gasveld in Israël en een staking in Australië laten de prijzen vrijdag stijgen tot het hoogste niveau sinds februari van dit jaar.  ( 9 min )

In het Verenigd Koninkrijk komt eind dit jaar een eerste serie ponden en pence met koning Charles erop in omloop. In het nieuwe ontwerp wordt Charles' aandacht voor de natuur weerspiegeld. Op de munten staan eekhoorns, bijen en andere dieren.  ( 9 min )

De overname van gameontwikkelaar Activision Blizzard door Microsoft lijkt echt te gaan plaatsvinden. Ook de Britse toezichthouder heeft er nu mee ingestemd. Dat was het laatste obstakel.  ( 9 min )

Acht personen in Nederland hebben taakstraffen gekregen vanwege betrokkenheid bij de bouw van de Krimbrug. Ook hebben Nederlandse bedrijven geldboetes gekregen voor het leveren van goederen en hulp. Zij hebben de Europese sancties tegen Rusland ondermijnd, oordeelt justitie.  ( 10 min )

De rente in de eurozone blijft waarschijnlijk minimaal een jaar op het huidige niveau van 4 procent, zegt De Nederlandsche Bank-president Klaas Knot. Hij sluit een extra renteverhoging niet uit, mocht dat nodig zijn om de inflatie te beteugelen.  ( 10 min )

Het aantal hypotheekaanvragen trekt iets aan na een periode van een flinke daling. Dat kan hinten op een herstel van de woningmarkt. Vooral jonge huizenkopers doen weer vaker zaken op de krappe huizenmarkt.  ( 9 min )

Gisteren werd bekend dat een Amerikaan uit Californië de op een na hoogste jackpot ooit gewonnen heeft. De winnaar kan een bedrag van 1,73 miljard dollar op zijn rekening bijschrijven. Doe jij weleens mee aan de loterij? Waarom doe je dat wel, of niet? En is er weleens een prijs op jouw lot gevallen, of grijp je altijd naast de prijzen? Praat mee over loterijen.  ( 7 min )

Nu Wehkamp 50 cent per geretourneerd artikel vraagt, krijgt de webwinkel dagelijks vijfduizend producten minder terug. Dat ontmoedigt klanten om veel artikelen te bestellen en te retourneren. De volgende stap is dat het duurder wordt om een pakket thuis te laten bezorgen dan bij een pakketpunt.  ( 11 min )

Nu Wehkamp 50 cent per geretourneerd artikel vraagt, krijgt de webwinkel dagelijks vijfduizend producten minder terug. Dat ontmoedigt klanten om veel artikelen te bestellen en te retourneren. De volgende stap is dat het duurder wordt om een pakket thuis te laten bezorgen dan bij een pakketpunt.  ( 11 min )

Analysts surveyed by FactSet expect profit at Citigroup will fall 28% from the year-ago quarter to $2.5 billion.  ( 17 min )

As head of ARK Invest, Cathie Wood is one of the few celebrities in the financial world. She has solidified her status as a trailblazer and oracle in her near-decade-leading ARK. Wood and her firm have become synonymous with forward-thinking investing, focusing on disruptive, game-changing technologies. And she is not afraid to take positions in "risky" companies. She bought stock in Tesla Inc (NASDAQ:TSLA) and NVIDIA Corporation (NASDAQ:NVDA) in 2016. Wood has big ideas and makes splashy predic  ( 34 min )

Primary dealers, who buy up supply not taken by bidders, had to accept 18.2% of 30-year issuances on Thursday, higher than this year's average of 10.72%.  ( 19 min )

Adam Aron, the CEO of AMC, claims he was the victim of an extortion scheme that likely could have come as a result of some decisions of questionable judgment on his part.  ( 34 min )

Analysts often downgrade stocks they feel have run up in price too much or if some bad news comes out that can negatively impact a stock. But it's unusual to see downgrades come after stocks have been pummeled, have no recent bad news and are near or at 52-week lows. The reason it's unusual is that analysts who downgrade stocks or slice price targets near 52-week lows run the risk of piling on too late and being embarrassed as an oversold stock rebounds and performs very well over the next few m  ( 35 min )

The best CD rates are already at record highs, having climbed to 6.00%. But will they rise higher still? Will savers be lucky enough to see a CD reach 7%?  ( 19 min )

Todd Vasos will head up the company again effective immediately, Dollar General said Thursday.  ( 17 min )

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Audio clips of Caroline Ellison’s Nov. 9 all-hands meeting were played in court. Ellison, the former chief executive of  ( 23 min )

Wall Street analysts expect the company to report earnings of $6.32 for the third quarter, up from $5.79 in the same quarter last year, according to FactSet.  ( 17 min )

As the U.S. crypto exchange called the recent IRS proposal for taxing crypto “incomprehensible,” the tax agency flagged that the industry isn’t paying its fair share.  ( 32 min )

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(Bloomberg) -- All year, Wall Street pros have been sinking record sums of cash into the world’s largest Treasury ETF in a high-conviction bet that interest rates have peaked. All year they’ve been wrong, with an estimated $10 billion loss — yet that’s not stopping a cohort of dip buyers braving the worst market drawdown in decades.Most Read from BloombergIsrael Latest: US to Offer Citizens Charter Flights From IsraelIsrael Latest: Hamas Leaders Targeted as Ground War LoomsApollo CEO Marc Rowan  ( 33 min )

Stocks were lower on Thursday as investors digested a September inflation report that some economists believe will keep the Fed on hold in November but could lead to another interest rate hike in December.  ( 47 min )

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Thursday, Citi analyst Alexander Hacking reviewed some potential strategic buyers for United States Steel. Not all the bids make sense.  ( 21 min )

The Federal Reserve might have completed its round of rate hikes, based on recent statements made by the agency’s officials. Those statements conveyed the message that there is presently no urgent necessity to push the Fed funds rate beyond its existing range of 5.25 to 5.50%. This range represents its highest level since July 2001. A number of Fed officials pointed to the surge in government bond yields as a sign that the economy is slowing down sufficiently to curb inflation without necessitat  ( 35 min )

(Bloomberg) -- Qualcomm Inc., the largest maker of the chips that run smartphones, is reducing its workforce as its copes with lackluster demand for its main product. Most Read from BloombergIsrael Latest: US to Offer Citizens Charter Flights From IsraelIsrael Latest: Hamas Leaders Targeted as Ground War LoomsApollo CEO Marc Rowan Demands UPenn Leaders Quit Over ‘Antisemitism’Stocks Drop as CPI, Weak Bond Auction Lift Yields: Markets WrapGhost in the Machine: How Fake Parts Infiltrated Airline F  ( 32 min )

It’s week two of the Sam Bankman-Fried trial and I’m writing this live from outside the Southern District of New York courthouse where the case is taking place. Tuesday was a slower day filled with technical details, but that changed on Wednesday and Thursday when Caroline Ellison, ex-CEO of Alameda Research, took the stand to testify. Alameda is a big player in the trial as it’s the crypto hedge fund sister company of FTX.  ( 33 min )

Vuse Alto menthol products have replaced Juul as the most popular vaping product on the U.S. market.  ( 29 min )

Palantir Technologies stock is up more than 20% over the past seven days.  ( 18 min )

The U.S. stock market showed considerable gains in 2023, but according to billionaire hedge fund manager Paul Tudor Jones, it's not going to be all sunshine and rainbows. "It's a really challenging time to want to be an equity investor in U.S. stocks right now," he said in a recent interview with CNBC. According to Jones, who runs Tudor Investment Corp., this is "the most threatening and challenging geopolitical environment" he has ever seen. At the same time, he believes that America is "probab  ( 33 min )

Stocks dropped in afternoon trading Thursday as Treasury yields popped following a disappointing bond auction. The Dow Jones Industrial Average fell 262 points, or 0.8%. The S&P 500 dropped 0.8%, and the Nasdaq Composite was falling 0.7%. All three indexes had been bouncing between small gains and  ( 12 min )

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The S&P 500's 5% decline from its intraday high for the year has hit even those star companies that have hit record levels in 2023. It could be an opportunity.  ( 19 min )

Stocks were lower on Thursday as investors digested a September inflation report that some economists believe will keep the Fed on hold in November but could lead to another interest rate hike in December.  ( 41 min )

The agency plans more audits targeting high-income taxpayers.  ( 27 min )

Thursday's inflation report kept the narrative for a Fed pause in November in tact but underlying details increased the likelihood the Fed could raise rates again in December.  ( 34 min )

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Digital World Acquisition Corp (DWAC), the blank-check acquisition company that plans to merge with former U.S. President Donald Trump's social media firm, said on Thursday it would return to investors $533 million raised for a cash infusion in the deal, after some already backtracked on another $467 million of commitments. The development is the nail in the coffin of the $1 billion investment that DWAC had raised for the merger with Trump Media & Technology Group (TMTG), which runs the Truth Social platform. It raises further doubts about whether the former U.S. president will go ahead with the deal, now that TMTG no longer stands to receive $1 billion if and when it closes.  ( 32 min )

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Tesla now dominates just half of the market, down from the 62% it held in the first quarter, despite a price war started by the Elon Musk-led company to solidify its foothold in the competitive EV arena. However, the company could reverse the downward trend with the launch of its Cybertruck electric pickup truck, which is set to be delivered to customers in the current quarter, the market research firm said. "Higher inventory levels, more product availability, and downward pricing pressure have helped spur continued linear growth of EV sales in the U.S. market," Cox said.  ( 32 min )

Stocks were mixed on Thursday as investors digested a September inflation report that some economists believe will keep the Fed on hold in November but could lead to another interest rate hike in December.  ( 38 min )

When stock markets are in flux, it’s time to dig a little deeper to find the right investments. Investors will look for all sorts of signs, based on the earnings forecasts or charts – but one of the clearest signs of all is put up by corporate insiders. These are the company officers who are charged with ensuring profits and returns. They are answerable to Boards of Directors and to shareholders, who expect them to build a company that supports a solid share value. These insiders, the C-suite re  ( 35 min )

Former President Donald Trump has been embroiled in numerous controversies over the years. One of the more intriguing allegations recently brought to light concerns the size of his penthouse at Trump Tower in New York. New York Attorney General Letitia James has put forth several allegations against Trump, accusing him of misleading information to inflate the value of his assets for better financial benefits. Among these, a particularly interesting one revolves around the size of his Trump Tower  ( 33 min )

Everyone knows you can leave Costco Wholesale with a cart brimming with oversized tubs of peanut butter, a TV larger than your living room wall and enough toilet paper to last a decade. But did you know that the warehouse chain sells gold bars, too? Costco has started selling 1-ounce gold bars. You can choose from two variations: a 1-ounce gold PAMP Suisse Lady Fortuna Veriscan bar and a 1-ounce gold bar from Rand Refinery. Both types are available online only and are limited to two per member.  ( 34 min )

As inflation held firm in September, the Social Security COLA matched recent projections.  ( 14 min )

Here's how much of the prize you would take home after taxes -- plus five ways to invest your windfall.  ( 33 min )

Mortgage defaults have risen at their fastest pace since 2009 as lenders warn over plans to restrict the supply of deals.  ( 32 min )

As you approach retirement, your net worth is a key indicator of your financial preparedness. Net worth is a fundamental financial metric in retirement planning because it shows how much wealth you have accumulated and can use to support yourself after you stop working. The net worth varies according to a number of factors, including […] The post What Should Your Net Worth Be at Retirement? appeared first on SmartReads by SmartAsset.  ( 34 min )

Viasat said it expects to recover less than 10% of the planned throughput on ViaSat-3 F1, its satellite that malfunctioned during deployment in July, but it was confident it could meet the needs of its customers without replacing it. Viasat, which bought its British rival Inmarsat in May, said it had insurance coverage of $420 million in place for ViaSat-3 F1 and it would finalize its claim before the end of the year.  ( 32 min )

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GM, Ford, and Stellantis CEOs made a lot more money in 2022 than the chiefs of their foreign rivals.  ( 29 min )

Target upgraded, Beyond Meat downgraded: Wall Street's top analyst calls  ( 35 min )

The new semiannual rate, to be set around Nov. 1, is based on the six-month change in consumer prices ending in September.  ( 18 min )

All eyes are on the Consumer Price Index report for insight into whether the Fed is winning the inflation fight.  ( 34 min )

The US owner of Boots aims to cut costs by up to $1bn (£810m) as the troubled cosmetics and pharmaceutical retailer prepares to welcome a new boss.  ( 45 min )

The government on Thursday announced how much checks rise next year for the roughly 67 million Social Security recipients.  ( 18 min )

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September’s CPI report is one of the most important data points the Federal Reserve will consider in its next interest rate decision.  ( 31 min )

All eyes are on the Consumer Price Index report for insight into whether the Fed is winning the inflation fight.  ( 34 min )

Delta Air Lines reported earnings of $2.03 a share on revenue of $14.6 billion in the third quarter, firmly beating analyst expectations.  ( 16 min )

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U.S. investment firm Live Ventures has offered to buy LL Flooring Holdings Inc , formerly known as Lumber Liquidators, for roughly $180 million in cash, according to a letter seen by Reuters. LL Flooring said in August that it was exploring strategic alternatives, including a possible sale. The company, headquartered in Richmond, Virginia and one of the country's leading retailers of hard-wood surface flooring, has seen its stock price tumble more than 78% in the last five years.  ( 32 min )

Walgreens posts fourth-quarter earnings of 67 cents a share, down from 80 cents in the same quarter last year.  ( 19 min )

I'm 55 and would like to retire now with a $3 million total net worth. I'm assuming my net worth will grow, on average, 5% until I’m eligible for Social Security. My house is paid off and my lifestyle is simple. I can live with $5,000 per month. Am I making the right decisions? – […] The post Ask an Advisor: I'm 55 With a $3 Million Net Worth and $5k in Monthly Expenses. Can I Retire Now? appeared first on SmartReads by SmartAsset.  ( 34 min )

All eyes are on the Consumer Price Index report for insight into whether the Fed is winning the inflation fight.  ( 33 min )

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Mohammed El-Erian, chief economic adviser at Allianz and former Pimco CEO, says the Fed and Bank of England's high rates bodes well for savers.  ( 33 min )

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Delta Air Lines reported earnings of $2.03 a share on revenue of $14.6 billion in the third quarter.  ( 19 min )

U.S. auto workers are expected to return to talks with Chrysler maker Stellantis on Thursday, a tense day after a surprise walkout at Ford's biggest and most profitable plant sharply raised the stakes between the United Auto Workers and the Detroit Three. The Wednesday evening decision to shut Ford's Kentucky truck plant employing 8,700 workers, the largest single walkout since targeted strikes began four weeks ago, came as the UAW and Stellantis prepared for another major round of bargaining, sources said. Nearly a quarter of the 150,000 UAW workers at the Detroit Three automakers are now on strike, and thousands more have been furloughed from jobs at operations that are not on strike because automakers said the walkouts made their work unnecessary.  ( 34 min )

Sam Bankman-Fried's confidant Caroline Ellison will take the stand again at the FTX founder's trial on Thursday, where she could face questions about why she cooperated with prosecutors against her former boss and romantic partner. Ellison, the former co-chief executive of Bankman-Fried's crypto hedge fund Alameda Research, has been on the stand since Tuesday detailing her role in a multibillion-dollar fraud prosecutors say was orchestrated by Bankman-Fried at his now-defunct cryptocurrency exchange. Over two days on the stand, Ellison, who took the reins at Alameda in 2021, testified that the hedge fund took $10 billion in FTX customer funds to repay its debts and make investments.  ( 31 min )

Stocks have started to get their mojo back in October, leaving inflation data as the main hurdle to overcome for investors getting more positive on the outlook for the rest of 2023.  ( 34 min )

Disney's previously announced price increases for some of its streaming services took effect Thursday. The company continues to grapple with direct-to-consumer profitability challenges and falling subscriber numbers.  ( 34 min )

Storage systems specialist Shenzhen Longsys Electronics, one of US memory chip maker Micron Technology's largest clients in China, has completed its US$132 million takeover of a mainland plant from Taiwan's Powertech Technology, one of the world's largest semiconductor assembly, packaging and testing companies. Longsys, which makes digital storage products that include memory modules and solid-state drives, said in a filing to the Shenzhen Stock Exchange on Wednesday that it has finalised the ac  ( 34 min )

The United Auto Workers union calls a surprise strike at Ford's Kentucky Truck Plant in Louisville, Microsoft is told by the IRS it owes $29 billion in back taxes, and Delta and Walgreens are scheduled to report quarterly earnings.  ( 20 min )

(Bloomberg) -- A monthly report on US consumer prices due Thursday is set to muddy the picture for Federal Reserve officials trying to decide whether to hike interest rates again, especially as escalating conflict in the Middle East adds uncertainty, according to Bloomberg Economics.Most Read from BloombergIsrael Latest: Hamas Leaders Targeted as Ground War LoomsApollo CEO Marc Rowan Demands UPenn Leaders Quit Over ‘Antisemitism’IMF Caught Off Guard as China Strikes Sri Lanka Debt DealGoldman Su  ( 32 min )

Ericsson shares were volatile early on Thursday, defying indications for a sharp fall after the Swedish telecom gear maker overnight announced a $2.9 billion impairment related to its acquisition of Vonage last year. Traders said investors were focusing on the company's operational results which were in line with market expectations. Ericsson reported a preliminary third-quarter operating profit before amortisation, restructuring and impairment charges of 4.7 billion Swedish crowns ($431 million), down 39%.  ( 32 min )

GM, Ford, and Stellantis CEOs made a lot more money in 2022 than the chiefs of their foreign rivals.  ( 29 min )

(Bloomberg) -- Bond investors are starting to back away from what’s been one of the few bright spots for them this year amid signs yields may have peaked after the epic rout in September.Most Read from BloombergIsrael Latest: Hamas Leaders Targeted as Ground War LoomsApollo CEO Marc Rowan Demands UPenn Leaders Quit Over ‘Antisemitism’IMF Caught Off Guard as China Strikes Sri Lanka Debt DealWall Street Brushes Off Hot PPI as Stocks Advance: Markets WrapHouse Republicans Pick Scalise as Speaker No  ( 33 min )

El-Erian said recently that the odds of the US avoiding a recession have come down amid high interest rates and bond market volatility.  ( 33 min )

Debt settlement can save consumers money by allowing them to resolve debts for less than the full balance. Learn the pros and cons of debt settlement.  ( 31 min )

The best CD rates available nationwide are a 6.00% offer from Credit Human on a take-your-pick term of 12-17 months and 5.76% on a 6-month option from TotalDirectBank.  ( 19 min )

Debt relief involves the reorganization of a borrower's debts to make them easier to repay. It can also give creditors a chance to recoup at least a portion of what they are owed.  ( 25 min )

Many industries rely on government assistance in both good times and bad. What are the benefits of these programs, and how do they impact the consumer?  ( 24 min )

The best CD rates are already at record highs, having climbed to 6.00%. But will they rise higher still? Will savers be lucky enough to see a CD reach 7%?  ( 18 min )

Bargaining between SAG-AFTRA and the Alliance of Motion Picture and Television Producers stopped, further disrupting scripted content.  ( 17 min )

Repatriation refers to converting any foreign currency into a country's local currency.  ( 26 min )

Hormel Foods' stock was the biggest loser on the S&P 500 Thursday after the company gave a strategic update and settled with union workers on a new contract.  ( 17 min )

The S&P 500 dropped 0.6% on Thursday, Oct. 12, 2023, as the Consumer Price Index (CPI) exceeded forecasts, raising concerns about more Fed tightening.  ( 16 min )

Fastenal shares jumped after the maker of fasteners and other construction and hardware equipment beat profit forecasts.  ( 16 min )

TransUnion, one of the big three credit reporting agencies, has agreed to pay $23 million in fines to settle lawsuits charging the company with bungling important customer records.  ( 19 min )

China on Thursday ordered its securities firms with offshore operations to stop taking on mainland investors as clients, as part of a crackdown against offshore trading and an effort to plug regulatory loopholes.  ( 18 min )

Tax-advantaged refers to any type of investment, account, or plan that is either exempt from taxation, tax-deferred, or offers other types of tax benefits.  ( 23 min )

Microsoft said it disagrees with the tax adjustments and "will pursue an appeal within the IRS, a process expected to take several years."  ( 18 min )

In this article, we examine the fundamental factors behind inflation, different types of inflation, and who benefits from it.  ( 32 min )

Inherent risk is the risk posed by an error or omission in a financial statement due to a factor other than a failure of control.  ( 24 min )

Learn about the tax-to-GDP ratio, a ratio of a nation's tax revenue relative to its gross domestic product.  ( 24 min )

Goldman Sachs is finally selling its disastrous investment in the consumer lending company GreenSky, but not before it impacts the bank's earnings for a second consecutive quarter.  ( 17 min )

Intangible assets don't appear on balance sheets but are crucial to judging a company's value.  ( 22 min )

Gambling income refers to any money that is generated from games of chance or wagers on events with uncertain outcomes. Learn how gambling income is taxed.  ( 24 min )

Issues facing the public sector are not unlike some issues facing America’s oldest and largest companies, but with larger and broader impacts.  ( 24 min )

U.S. equities were mixed and little changed at midday on Thursday, Oct. 12, 2023 after the latest report on consumer inflation showed prices rose more than anticipated.  ( 16 min )

Walgreens shares gained after announcing it would slash costs by at least $1 billion as it looks to recover from recent challenges, including a CEO shakeup.  ( 17 min )

Ford shares dropped after the United Auto Workers union expanded its strike to Ford's largest factory, as 8,700 workers walked off the job at Ford's Kentucky truck plant.  ( 17 min )

Find out how and why mathematics is used in microeconomics, its limitations, and the math skills that economics students need.  ( 20 min )

Cryptocurrencies can be used to buy goods and services online or as a speculative investment, making them an interesting gift idea for the holidays.  ( 26 min )

Economists struggled with the causes of depressions, recessions, and unemployment for years. Then Maynard Keynes changed everything.  ( 25 min )

Rates on 30-year mortgages dropped for a second day, adding to a third-of-a-point plunge Tuesday. The two-day decline has lowered the 30-year average back below 8%.  ( 19 min )

When it comes to investing, ratios can help make you a more informed investor when they're properly understood and applied. There are 6 basic financial ratios.  ( 27 min )

Delta Air Lines reported better-than-expected profit as demand for summer travel boomed, but warned fuel costs will impact full-year results.  ( 17 min )

A robo-advisor is a type of automated financial advisor that provides algorithm-driven wealth management services with little to no human intervention. Here’s how it works.  ( 30 min )

Fledgling economies find stability in their currency and attract foreign investment through dollarization.  ( 21 min )

Learning where different assets stand on the investment risk ladder is the first step to understanding investments.  ( 29 min )

The return on equity calculation measures how efficiently a company is generating income from the equity investments of its shareholders.  ( 25 min )

Starting in January, Social Security benefit payments for 66 million beneficiaries will rise 3.2% to keep up with the cost of living, the Social Security Administration said Thursday.  ( 18 min )

Blockchain exchange-traded funds (ETFs) facilitate real-time trading on a basket of blockchain-based stocks.  ( 26 min )

Digital art and cryptocurrency enthusiasts may appreciate an NFT gift for the holidays.  ( 26 min )

Toyota and Idemitsu said they will work together to mass-produce solid-state batteries for electric vehicles, which could help reduce charging times and support longer ranges.  ( 17 min )

A Bitcoin Futures ETF is like a mutual fund, but the intent is to track Bitcoin's price and create a security that can trade on an exchange. Learn about these new types of ETFs.  ( 25 min )

Economists are grappling with a strange quirk of the post-pandemic economy: why consumers in the U.S.—and only the U.S.—are spending away the money they saved up in 2020 and 2021.  ( 18 min )

Anti-fragility is the opposite of fragility, describing things that gain from chaos but may need to survive and flourish.  ( 23 min )

September’s Consumer Price Index showed a 3.7% annual increase in inflation and a 0.4% month-over-month increase, slightly higher than analysts had forecast. Core CPI increased 0.3% in September on a monthly basis, showing a 4.1% annual increase in core CPI.  ( 18 min )

Companies need less office space than they used to, thanks to the work-from-home revolution—yet they’re spending record amounts of money on office construction.  ( 19 min )

A surety is the organization or person that assumes the responsibility of paying the debt in case the debtor policy defaults or is unable to make the payments.  ( 23 min )

A few industries are driving New Jersey's economy. See which sectors employ the most people, and which industries are expected to grow the fastest.  ( 24 min )

Inflation is projected to decline in the latest Consumer Price Index, and the United Auto Workers union expanded its strike to Ford’s Kentucky truck plant. Here’s what investors need to know today.  ( 18 min )

Using exchange-traded funds (ETFs) to harvest tax losses can be a smart way to maximize your portfolio's tax efficiency.  ( 25 min )

The S&P 500 dropped 0.6% on Thursday, Oct. 12, 2023, as the Consumer Price Index (CPI) exceeded forecasts, raising concerns about more Fed tightening.  ( 1 min )

China on Thursday ordered its securities firms with offshore operations to stop taking on mainland investors as clients, as part of a crackdown against offshore trading and an effort to plug regulatory loopholes.  ( 1 min )

U.S. equities were mixed and little changed at midday on Thursday, Oct. 12, 2023 after the latest report on consumer inflation showed prices rose more than anticipated.  ( 1 min )

Companies need less office space than they used to, thanks to the work-from-home revolution—yet they’re spending record amounts of money on office construction.  ( 1 min )

U.S. stock futures were up in premarket trading Thursday ahead of September inflation data that could set the tone heading into the Federal Reserve's next policy meeting at the end of the month.  ( 1 min )

Inflation is projected to decline in the latest Consumer Price Index, and the United Auto Workers union expanded its strike to Ford’s Kentucky truck plant. Here’s what investors need to know today.  ( 1 min )

Hormel Foods' stock was the biggest loser on the S&P 500 Thursday after the company gave a strategic update and settled with union workers on a new contract.  ( 1 min )

Fastenal shares jumped after the maker of fasteners and other construction and hardware equipment beat profit forecasts.  ( 1 min )

Microsoft said it disagrees with the tax adjustments and "will pursue an appeal within the IRS, a process expected to take several years."  ( 1 min )

Goldman Sachs is finally selling its disastrous investment in the consumer lending company GreenSky, but not before it impacts the bank's earnings for a second consecutive quarter.  ( 1 min )

Ford shares dropped after the United Auto Workers union expanded its strike to Ford's largest factory, as 8,700 workers walked off the job at Ford's Kentucky truck plant.  ( 1 min )

Walgreens shares gained after announcing it would slash costs by at least $1 billion as it looks to recover from recent challenges, including a CEO shakeup.  ( 1 min )

Delta Air Lines reported better-than-expected profit as demand for summer travel boomed, but warned fuel costs will impact full-year results.  ( 1 min )

Toyota and Idemitsu said they will work together to mass-produce solid-state batteries for electric vehicles, which could help reduce charging times and support longer ranges.  ( 1 min )

Het Europees Hof van Justitie heeft bepaald dat een elektrische fiets geen motorvoertuig is. In veel Europese landen heeft een e-biker daarom recht op een schadevergoeding als die tegen een gemotoriseerd voertuig aan botst.  ( 9 min )

Het Europees Hof van Justitie heeft bepaald dat een elektrische fiets geen motorvoertuig is. In veel Europese landen heeft een e-biker daarom recht op een schadevergoeding als die tegen een gemotoriseerd voertuig aan botst.  ( 9 min )

IKEA is van plan zijn prijzen de komende tijd te verlagen. De afgelopen jaren werden de artikelen bij de meubelgigant juist duurder, maar nu kan het bedrijf een groot deel van de prijzen in stapjes verlagen.  ( 8 min )

Woonwinkel IKEA is van plan om zijn prijzen te verlagen de komende tijd. De afgelopen jaren werden de artikelen bij de meubelgigant juist duurder, maar nu kan "een groot deel van de prijzen gefaseerd naar beneden worden gebracht", stelt het bedrijf.  ( 8 min )

De Europese rechter heeft bepaald dat een elektrische fiets geen motorvoertuig is. In veel Europese landen heeft de e-bike bestuurder daarom recht op een schadevergoeding als de bestuurder in botsing komt met een gemotoriseerd voertuig.  ( 9 min )

Accountantsbedrijf KPMG krijgt een boete van 30 miljoen pond (ruim 35 miljoen euro) vanwege nalatig toezicht op het failliete Britse bouwbedrijf Carillion. De Engelse toezichthouder geeft de recordboete omdat de accountants niet objectief en kritisch genoeg hun werk deden.  ( 9 min )

De Autoriteit Consument & Markt houdt tien leveranciers van energie extra in de gaten. Zo wordt bijvoorbeeld gekeken of de administratie op orde is. Daarnaast wil de toezichthouder van alle leveranciers weten of ze goed zijn voorbereid op de winter.  ( 9 min )

Verzekeraar ASR gaat in de komende 2,5 jaar 260 banen schrappen op de hypotheekafdeling van het bedrijf. Dat bevestigt een woordvoerder na berichtgeving van Leeuwarder Courant. Na de overname van branchegenoot Aegon vorig jaar zijn er veel dubbele functies binnen het bedrijf.  ( 9 min )

Verzekeraar ASR gaat in de komende 2,5 jaar 260 banen schrappen op de hypotheekafdeling van het bedrijf. Dat bevestigt een woordvoerder na berichtgeving van Leeuwarder Courant. Na de overname van branchegenoot Aegon vorig jaar zijn er veel dubbele functies binnen het bedrijf.  ( 9 min )

Grote Europese luchtvaartmaatschappijen zoals IAG, Air France en easyJet hebben hun vluchten van en naar Israël voor de komende dagen stilgelegd. Sommige luchtvaartmaatschappijen annuleren zelfs maanden aan vluchten naar Israël.  ( 9 min )

Van Extinction Rebellion tot aan het kabinet: het afbouwen van fossiele subsidies staat hoog op de agenda. Planbureaus waarschuwen nu om daar niet zomaar mee te beginnen: kijk per regeling of het klimaat eigenlijk wel iets opschiet met afschaffing.  ( 12 min )

Vrijdag stemmen Europese lidstaten over het gebruik van onkruidbestrijdingsmiddel glyfosaat. Als de meerderheid instemt, mag het middel nog minimaal tien jaar gebruikt worden. Wat is glyfosaat en waarom willen sommige partijen het gebruik verbieden?  ( 9 min )

Vrijdag stemmen Europese lidstaten over het gebruik van onkruidbestrijdingsmiddel glyfosaat. Als de meerderheid instemt, mag het middel nog minimaal tien jaar gebruikt worden. Wat is glyfosaat en waarom willen sommige partijen het gebruik verbieden?  ( 9 min )

Het aantal beschikbare huurwoningen in de vrije sector is in het afgelopen jaar met 32 procent gedaald. Verhuurders kunnen minder hoge huren vragen en zetten daardoor steeds meer huurwoningen te koop, zegt woningplatform Pararius.  ( 9 min )

Spaarders kunnen een hogere bankenbelasting gaan merken in de rente die ze krijgen op hun spaarrekening. IMF-bestuurder Paul Hilbers vermoedt dat het plan van de Tweede Kamer eerder ten koste gaat van de spaarrente dan van de hoge winsten van banken.  ( 9 min )

Het aantal bedrijven dat failliet gaat neemt al bijna anderhalf jaar toe. In de maand september gingen 294 bedrijven kopje onder. Daaronder zijn ook bekende namen als BCC, Big Bazar en Vacansoleil.  ( 9 min )

Vrijdag stemmen Europese lidstaten over het gebruik van onkruidbestrijdingsmiddel glyfosaat. Als de meerderheid instemt, mag het middel nog minimaal tien jaar gebruikt worden. Wat is glyfosaat en waarom willen sommige partijen het gebruik verbieden?  ( 9 min )

This past week has been a doozy. We’ve got the usual headwinds piling up, with sticky inflation, a 1-in-3 chance for another Fed interest rate hike this year, and rising bond rates putting pressure on stocks. And if that wasn’t enough, the geopolitical situation has heated up, with a major war in the Middle East as Israel goes to war in retaliation for Hamas’ latest atrocities. But there are opportunities in the market, and investors should not lose hope, despite the headwinds. The strategists a  ( 36 min )

(Bloomberg) -- Russian President Vladimir Putin overplayed his hand by trying to use Gazprom PJSC to bring Europe to its knees, and now his efforts to bolster the state-controlled gas giant are at the mercy of China.Most Read from BloombergIsrael Latest: Israel Vows to Wipe Out Hamas as Ground War LoomsApollo CEO Marc Rowan Demands UPenn Leaders Quit Over ‘Antisemitism’Wall Street Brushes Off Hot PPI as Stocks Advance: Markets WrapIMF Caught Off Guard as China Strikes Sri Lanka Debt DealHouse Re  ( 36 min )

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Although stock market analysts are not infallible, many investors rely on their ratings and price targets when making decisions about stocks to purchase. This is especially observable on the day when an analyst's rating comes out, as share prices tend to rise or fall significantly from upgrades, downgrades or changes in price targets. Every so often a market will over-correct to an extreme, leaving the price of certain stocks well below recent analysts' price targets. This creates a favorable si  ( 35 min )

The best CD rates available nationwide are a 6.00% offer from Credit Human on a take-your-pick term of 12-17 months and 5.76% on a 6-month option from TotalDirectBank.  ( 19 min )

Senior management at Pioneer Natural Resources will likely be out of a job once the company's $60 billion sale to Exxon Mobil is completed, but the top brass will walk away with bumper payouts which were sweetened further earlier this year. The top five executives at the U.S. shale operator are set to share $71 million in severance payouts, with Chief Executive Scott Sheffield on track to receive around $29 million, a review of regulatory filings and Reuters calculations show. The award to Sheffield, who helped found the shale producer over two decades ago and was slated to retire at the end of 2023, represents a sum worth three times his base salary as well as all his pending equity awards for performance.  ( 33 min )

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US stocks are near their most expensive levels in over two decades, relative to the debt market. The last time stocks were this pricey was during the dot-com boom - and that was followed by a 50% crash in the S&P 500.  ( 32 min )

Microsoft said on Wednesday the U.S. Internal Revenue Service (IRS) in September notified the company that it is seeking an additional tax payment of $28.9 billion, plus penalties and interest for tax years from 2004 to 2013. Microsoft said the IRS notices relate to an ongoing dispute between the company and the U.S. tax authority, which is auditing how Microsoft allocated its profits among different countries and jurisdictions. The Redmond, Washington-based company said it has since changed its practices so that "issues raised by the IRS are relevant to the past but not to our current practices," according to a Microsoft blog.  ( 32 min )

Delta Air Lines is expected to report earnings of $1.95 a share for the third quarter, up from $1.51 a year ago.  ( 18 min )

Donald Trump obtained hundreds of millions of dollars in loans using financial statements that a court has since deemed fraudulent, a retired bank official testified Wednesday at the former president’s New York civil fraud trial. Trump’s statements of financial condition were key to his approval for a $125 million loan in 2011 for his Doral, Florida, golf resort and a $107 million loan in 2012 for his Chicago hotel and condo skyscraper, former Deutsche Bank risk management officer Nicholas Haigh testified. A judge last month ruled that Trump and his company, the Trump Organization, committed years of fraud by exaggerating the value of Trump’s assets and net worth on the financial statements he gave to banks, insurers and others to make deals and secure loans.  ( 33 min )

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Wall Street is looking ahead to consumer inflation data on Thursday for more insight into the Fed's next move.  ( 45 min )

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Emails surfaced in Sam Bankman-Fried's trial that show how he pressured Paradigm to make a huge investment despite concerns over FTX governance.  ( 32 min )

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Caroline Ellison described a Signal group chat between her, FTX founder Sam Bankman-Fried and FTX’s former director of engineering Nishad Singh days before FTX’s collapse. At the time, Singh noted that customer withdrawals were picking up after Alameda’s balance sheet was leaked to crypto news site  ( 22 min )

After the PPI update suggests inflationary pressures persist, the focus is on Federal Reserve minutes for insight into whether the era of hikes is over.  ( 42 min )

(Bloomberg) -- The independent shale drillers that undermined OPEC’s decades-long grip on global oil markets soon will be a thing of the past as international giants swallow them up, according to one of the industry’s founding members.Most Read from BloombergIsrael Latest: Netanyahu Talks to Biden, ‘False Alarm’ in NorthIsrael Latest: Israeli Death Toll in Hamas Attack Reaches 1,200Israel Forms Emergency Government for War Against HamasStocks Waver on Fed Minutes as Traders Await CPI: Markets Wr  ( 33 min )

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Joe Biden’s borrowing binge has put global debt on an unsustainable path, the International Monetary Fund has warned.  ( 32 min )

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Birkenstock on Wednesday stepped into the public market.  ( 33 min )

EV-charging company ChargePoint sells shares and raises about $232 million in the process. The stock reaction looks about right so far.  ( 21 min )

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After nearly four weeks of disruptive strikes and hard bargaining, the United Auto Workers and the Detroit Three automakers have edged closer to a deal that could offer record-setting wage gains for nearly 150,000 U.S. workers. General Motors, Ford Motor and Chrysler parent Stellantis have all agreed to raise base wages by between 20% and 23% over a four-year deal, according to union and company statements. Ford and Stellantis have agreed to reinstate cost-of-living adjustments, or COLA.  ( 34 min )

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The Magnificent Seven Big Tech stocks have been largely responsible for 2023’s market rally. Yet some of those are more spectacular than others.  ( 17 min )

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After the PPI update suggests inflationary pressures persist, the focus is on Federal Reserve minutes for insight into whether the era of hikes is over.  ( 38 min )

Rates on 30-year mortgages plunged a third of a percentage point, for the biggest one-day drop since 2022. Rates sank by double-digit basis points for almost every loan type.  ( 19 min )

(Bloomberg) -- The rapid descent of US inflation over the last few months is likely too good to last.Most Read from BloombergIsrael Latest: Sirens Sound in North, Israel Forms War CabinetIsrael Latest: Israeli Death Toll in Hamas Attack Reaches 1,200Hamas Got Around Israel’s Surveillance Prowess by Going DarkIsrael Forms Emergency Government for War Against HamasIMF Caught Off Guard as China Strikes Sri Lanka Debt DealNew upside risks in categories that have played an outsize role in the recent  ( 34 min )

The hydrogen technology company Plug Power raised its guidance before a shareholders' symposium. Wall Street likes the new numbers.  ( 16 min )

NCR Corp is in advanced discussions to merge its automatic teller (ATM) business with cash management firm Brink's Co, creating a combined company worth close to $12 billion, including debt, people familiar with the matter said. The deal, structured as a reverse morris trust, would allow NCR to merge the ATM business at a $5.5 billion valuation, or the equivalent of seven times 2024 earnings EBITDA (earnings before interest, taxes, depreciation and amortization), with Brink's and give a large chunk of the combined company to NCR shareholders tax free, the sources said. Brink's, which is valued at about $6.2 billion including debt, moves cash around the world for its clients and provides ATM services among other things.  ( 32 min )

Time to check in on the other side of the food trade after a violent sell-off.  ( 36 min )

The weight-loss revolution is shaking another industry. Kidney-dialysis stocks sank Wednesday after Novo Nordisk (NVO), (DK: NOVO.B) said a trial showed its blockbuster diabetes drug Ozempi  ( 22 min )

If I have a tax-deferred 401(k). Can I convert it to a Roth IRA without paying the deferred taxes when I roll it over? -Tommy Generally, the answer here is no. There's typically no method to totally dodge taxes on … Continue reading → The post Ask an Advisor: I Want to Roll Over My Money to a Roth IRA. How Do I Avoid Paying Taxes? appeared first on SmartAsset Blog.  ( 33 min )

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Cramer in 2021 said he sold most of his bitcoin holdings.  ( 32 min )

In decades past, millionaire status was well-known, and the subject of innumerable songs, TV shows, and movies. However, a million dollars is almost a modest sum by today’s standards, and an exclusive echelon known as ultra-high-net-worth individuals (UHNWIs) has wealth extending to the tens of millions. Yet, being a UHNWI entails more than just opulence. […] The post Lifestyle Trends and Problems Facing Ultra-High-Net-Worth Individuals appeared first on SmartReads by SmartAsset.  ( 35 min )

As the final quarter of 2023 gets fully underway, analysts and investors alike are trying to divine just what is likely to happen in the next few months. There’s a growing feeling that, with September behind us, stock investors can look forward to better times – perhaps sooner rather than later. n some recent comments to CNBC, Scott Chronert, Citi U.S. equity strategist, gives several reasons why investors should load up on stocks now. First, Chronert points out that fears of a hard recession ha  ( 36 min )

When Bill and Melinda Gates shared the news of their separation in April 2021, it caught many off guard. They had spent 27 years together, and their collective efforts in the tech and charity sectors made them prominent figures in global news. The situation was complicated by the absence of a prenuptial agreement, despite the couple's combined wealth estimated at $130 billion. Given the magnitude, the selection of their legal representation became a point of interest. Bill Gates once stood as th  ( 33 min )

(Bloomberg) -- Novo Nordisk A/S said its diabetes drug Ozempic showed surprisingly early effectiveness in a kidney-failure study, sending shares of the world’s biggest dialysis providers tumbling.Most Read from BloombergIsrael Latest: Israeli Death Toll in Hamas Attack Reaches 1,200Hamas Got Around Israel’s Surveillance Prowess by Going DarkIsrael Latest: Top US General Warns Iran to Stay Out of ConflictAfghanistan’s Viral Supercar Makes Global Debut at Doha ShowIsrael Latest: Hezbollah, Israel  ( 34 min )

Nvidia stock is one of Oppenheimer's top four AI chip picks heading into earnings season.  ( 17 min )

Exxon Mobil struck a nearly $60 billion agreement to buy Pioneer Natural Resources in the largest oil-and-gas deal in two decades, tying the energy giant’s future to fossil fuels. Exxon stock dropped 4.5%  ( 22 min )

Non-passive income, also known as active or earned income, refers to the money that you earn through your active efforts, typically by trading your time and expertise for compensation. This is the inverse of passive income, which is earned with minimal effort or active involvement. However you earn your income, a financial advisor can help […] The post What Is Non-Passive Income? appeared first on SmartReads by SmartAsset.  ( 33 min )

Former Alameda Research CEO Caroline Ellison retook the stand on Wednesday after testifying that her former boss and boyfriend, Sam Bankman-Fried, had directed many of FTX’s now-public missteps.  ( 38 min )

Amgen upgraded, Texas Instruments downgraded: Wall Street's top analyst calls  ( 34 min )

TD Cowen analysts raised their price target on Nvidia stock to $700 from $600. The chip maker's shares have already soared more than 200% so far this year.  ( 15 min )

The volume of ARM applications jumped 15% last week from the previous one.  ( 34 min )

Three in four companies officially prefer skills to degrees.  ( 34 min )

U.S. producer prices increased more than expected in September amid higher costs for energy products, but underlying inflation pressures at the factory gate continued to moderate. The producer price index for final demand rose 0.5% last month, the Labor Department said on Wednesday. Data for August was unrevised to show the PPI accelerating 0.7%.  ( 31 min )

Exxon will pay $59.5 billion, all in stock, for Pioneer Natural Resources. It’s Exxon’s biggest acquisition since its merger with Mobil in 1999.  ( 17 min )

U.S. wholesale prices rose last month at the fastest pace since April, suggesting that inflationary pressures remain despite a year and a half of higher interest rates. The Labor Department reported Wednesday that its producer price index — which measures inflation before it hits consumers — climbed 2.2% from a year earlier. Excluding volatile food and energy prices, so-called core inflation rose 2.7% in September from a year earlier and 0.3% from August.  ( 32 min )

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Two pieces of news are weighing on shares of medical devices company Silk Road Medical.  ( 14 min )

The deal is Exxon’s largest since its merger with Mobil in the late 1990s and is the biggest corporate transaction so far this year.  ( 28 min )

(Bloomberg) -- Jurors in the fraud trial of FTX co-founder Sam Bankman-Fried heard his ex-girlfriend Caroline Ellison explain how he allegedly arranged for billions of dollars in customer funds to back risky investments that led to the collapse of the cryptocurrency exchange.Most Read from BloombergIsrael Latest: Israeli Death Toll in Hamas Attack Reaches 1,200Hamas Got Around Israel’s Surveillance Prowess by Going DarkIsrael Latest: Top US General Warns Iran to Stay Out of ConflictAfghanistan’s  ( 35 min )

Exxon will pay $59.5 billion, all in stock. It’s Exxon’s biggest acquisition since its merger with Mobil in 1999.  ( 16 min )

After the PPI update suggests inflationary pressures persist, the focus is on Federal Reserve minutes for insight into whether the era of hikes is over.  ( 36 min )

After the PPI update suggests inflationary pressures persist, the focus is on Federal Reserve minutes for insight into whether the era of hikes is over.  ( 35 min )

Fresh inflation data and the release of Federal Reserve minutes should give insight into whether the era of hikes is over.  ( 34 min )

(Bloomberg) -- Exxon Mobil Corp. agreed to buy Pioneer Natural Resources Co. for $59.5 billion, the supermajor’s largest takeover in more than two decades, as it seeks to become the dominant producer of shale oil.Most Read from BloombergIsrael Latest: Israeli Death Toll in Hamas Attack Reaches 1,200Hamas Got Around Israel’s Surveillance Prowess by Going DarkIsrael Latest: Top US General Warns Iran to Stay Out of ConflictAfghanistan’s Viral Supercar Makes Global Debut at Doha ShowChina Mulls New  ( 34 min )

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Exxon Mobil is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion, its largest buyout since acquiring Mobil two decades ago, creating a colossal fracking operator in West Texas. Pioneer shareholders will receive 2.3234 shares of Exxon Mobil for each Pioneer share they own. Exxon purchased XTO Energy in 2009 for approximately $36 billion.  ( 32 min )

The crypto’s technological breakthrough was not as a superior payment method but as a superior form of money, the report said.  ( 32 min )

Birkenstock set to begin trading after $1.5 billion IPO, Fed officials double down on the 2% inflation target, and other news to start your day.  ( 35 min )

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Caroline Ellison, the former co-head of Sam Bankman-Fried's hedge fund and a pivotal witness in his trial on fraud charges tied to the collapse of his FTX cryptocurrency exchange, is scheduled to retake the stand on Wednesday morning. Ellison, the former co-chief executive of Alameda Research, testified on Tuesday that she was part of a multibillion-dollar conspiracy led by Bankman-Fried to defraud FTX customers, investors and lenders. She is one of three former members of Bankman-Fried's inner circle who have pleaded guilty to fraud charges and agreed to cooperate with the Manhattan U.S. Attorney's office.  ( 32 min )

Frankfurt-listed shares of Fresenius fell 12.03% to 24.35 euros ($25.83) in normal trading hours and Davita fell 17.3% to $75.51 in premarket hours. The early stop of the study could be negative for Fresenius as GLP-1 drugs like Ozempic could "potentially negatively impact" the size of the relevant patient population over time, Citi analyst Veronika Dubajova said in a note.  ( 32 min )

🔎 Birkenstock (BIRK): The trendy shoe brand is set to start trading on the New York Stock Exchange today, in another test for the shaky market for public listings. ↘️ [**  ( 23 min )

HP Inc. is increasing its annual dividend by 5%, Silk Road Medical reduces full-year revenue guidance, and Birkenstock makes its trading debut Wednesday.  ( 20 min )

Micron and Intel stocks could benefit from signs of a chip recovery, as Samsung's profit dropped but it showed some improvement form previous quarters.  ( 17 min )

Expensive labor leaves General Motors and Ford overdependent on American demand for big vehicles.  ( 29 min )

By the time Bankman-Fried posted that tweet, Alameda had already made certain venture investments, but the executive wanted to up the ante significantly. In the "summer or fall of 2021," Bankman-Fried sent Ellison a potential bad scenario situation for FTX and Alameda, detailing a world in which the crypto market was down, Alameda's investments plunged and the company becomes worthless.  ( 32 min )

Despite war in the Middle East, economic factors in fuel markets make it likely prices will keep dropping through the end of the year.  ( 21 min )

Barron's looked for Russell 1000 companies that didn't have a single Buy recommendation. AMC was among those in the list.  ( 22 min )

The incoming chief executive had run pharmacy-benefit manager Express Scripts.  ( 29 min )

U.S. pharmacy chain operator Walgreens Boots Alliance will name Tim Wentworth as its new chief executive, the Wall Street Journal reported on Tuesday. Last month, Rosalind Brewer had abruptly stepped down from the position after less than three years at the top job. Brewer's departure was part of a mutually agreed decision, Walgreens had said, without providing further details, after a tenure that saw Walgreens' share price nearly halve in value as the company tried to broaden its reach as a healthcare provider.  ( 32 min )

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(Bloomberg) -- Exxon Mobil Corp. is in talks to pay more than $250 a share for Pioneer Natural Resources Co., according to a person familiar with the matter. Most Read from BloombergIsrael Latest: US Wants Qatar to Be an Intermediary With HamasIsrael Latest: Top US General Warns Iran to Stay Out of ConflictHamas Got Around Israel’s Surveillance Prowess by Going DarkAfghanistan’s Viral Supercar Makes Global Debut at Doha ShowSchumer Confronts Xi on Israel-Hamas Stance in Rare MeetingAn all-stock  ( 32 min )

LONDON (Reuters) -Oil prices edged lower on Wednesday, as fears of disruption to supplies due to conflict in the Middle East receded, at least for the time being. Brent crude fell 49 cents, or 0.56%, to $87.16 a barrel by 1002 GMT. Brent and WTI had surged more than $3.50 on Monday on concern the military clashes between Israel and Palestinian Islamist group Hamas could escalate into a broader conflict, but settled slightly lower in Tuesday's session.  ( 32 min )

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The best CD rates available nationwide are a 6.00% offer from Credit Human on a take-your-pick term of 12-17 months and 5.76% on a 6-month option from TotalDirectBank.  ( 19 min )

Breaking down everything you need to know about Bitcoin mining, from blockchain and block rewards to proof of work and mining pools.  ( 30 min )

High-yield savings accounts have already been paying their highest rates in 20 years. But today's new record rate means you can now earn earn even more.  ( 19 min )

Ford, GM, and Stellantis have laid off a total of nearly 5,000 workers as the UAW strikes against the Big Three.  ( 18 min )

Shares of German sandal maker Birkenstock sank over 12% on the company's first day of trading amid tepid demand for newly listed companies.  ( 17 min )

CDs can be a great way to get a fixed guaranteed return on your investment. See if State Farm’s CDs—offered through U.S. Bank—make sense for you and your money.  ( 25 min )

Adjustable rate mortgage (ARM) usage fell after the subprime crisis in 2007 but is surging again due to high mortgage rates.  ( 17 min )

The S&P 500 added 0.4% on Wednesday, Oct. 11, 2023, ahead of key consumer price data and with indications that the Fed may be cautious about hiking interest rates.  ( 16 min )

Wells Fargo CD rates are tiered for most of their terms and require a relatively high minimum deposit. Here's what to know before you open a CD with the bank.  ( 20 min )

USAA Bank offers many competitive CD options that consumers can choose from to fit their financial goals. Find out if USAA Bank CDs are right for you.  ( 20 min )

Considering a new certificate of deposit (CD) account? Learn more about Truist Bank’s CD, its terms, rates, account features, and early withdrawal penalties.  ( 20 min )

Looking for the latest TD Bank CD rates? Our guide covers the current rates, term lengths, and minimum deposit requirements, helping you make an informed decision.  ( 21 min )

If you want to put some money away for savings, Synchrony Bank’s CD accounts have some of the most competitive rates on the market. See if Synchrony’s CD is the right fit for you.  ( 22 min )

Launched in the year 2011, Litecoin (LTC) is an alternative cryptocurrency based on the model of Bitcoin.  ( 25 min )

Stellantis and Samsung SDI will spend $3.2 billion to build a second battery gigafactory in Indiana as part of their joint venture.  ( 17 min )

You may know Sallie Mae as the bank that services your student loan, but it also offers other banking products, like CDs. Learn more about Sallie Mae’s CD rates.  ( 20 min )

Quantitative Investment Strategies Employ Mathematical Models and Algorithms to Identify Investment Opportunities.  ( 31 min )

Accumulated depreciation is the cumulative depreciation of an asset up to a single point in its life.  ( 28 min )

The Organization for Economic Co-Operation and Development proposed an international tax framework that, if ratified, would reallocate taxing rights to market jurisdictions.  ( 20 min )

First Republic Bank’s CD rates are relatively high, but they have a high minimum balance requirement as well. Learn more and see if First Republic is right for you.  ( 21 min )

Your state only provides so much assistance should you lose your job. For people who bought a policy in the past, private unemployment insurance offers additional coverage.  ( 24 min )

Certificates of deposit (CDs) can be a great, conservative way to invest your money. Edward Jones is worth considering for its competitive CD rates at a variety of term lengths.  ( 22 min )

Start your the new year off right with some in-depth planning. Look at your digital footprint, vendors, equipment, employees, insurance, and retirement plan.  ( 24 min )

Citizens Bank offers a 14-month certificate of deposit (CD) account with a decent APY. Learn more about its features and how to open a new account.  ( 19 min )

General Motors reached a tentative deal with Canadian autoworker union Unifor, which could add pressure to the union's negotiatiations with Stellantis.  ( 17 min )

A proposed federal rule would ban companies from charging fees not included in advertised prices.  ( 19 min )

A certificate of deposit (CD) can be a great way to secure your savings and grow your finances. Learn what CIT Bank CD Rates are and how you can benefit.  ( 21 min )

Learn about Chase Bank's CD rates and how they compare to the competition. Make informed decisions and see if you can maximize your returns with Chase Bank's CD options.  ( 20 min )

Learn the difference between consumer surplus and economic surplus, how the concepts are related, and the important theoretical and economic implications of both.  ( 24 min )

Quantitative analysis (QA) seeks to understand behavior by using mathematical and statistical modeling, measurement, and research.  ( 31 min )

Capital One offers a solid certificate of deposit (CD) account, with a variety of term lengths, good rates, and no minimum deposit required.  ( 20 min )

Barclays doesn’t offer many CD options, but it does offer competitive rates for certain terms. See Barclays’ CD rates, terms, and features to see if it’s the right fit for your savings.  ( 20 min )

Vanguard offers brokered CDs through various banks with competitive rates and a wide range of terms. Learn all the details here.  ( 20 min )

Student loan forgiveness measures were struck down by the Supreme Court in June 2023.  ( 24 min )